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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 27, 2010 are summarised below.

Issue

BoBC 270110

Total Subscribed (P million)

4 433.315

Total Allotment (P million)

4 300.000

Stop-Out Price (P)

99.737

Stop-Out Yield (percent)

7.11

Simple Rate (percent)

6.87

Weighted average yield of winning bids (percent)

7.10

Simple rate for weighted average winning bids (percent)

6.87

Weighted average price of winning bids (P)

99.737

Minimum winning bid yield (percent)

7.08

Maximum bid yield (percent)

7.11

Days to Maturity

14

Note:

BoBC270110 - Bids above P99.737 received full allotment while bids at P99.737 received 96.56 percent of the amount applied for

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