The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 20, 2010 and April 7, 2010 are summarised below.
Issue
|
BoBC 200110
|
BoBC 070410
|
Total Subscribed (P million)
|
4 423.344
|
3 125.702
|
Total Allotment (P million)
|
4 000.000
|
3 086.480
|
Stop-Out Price (P)
|
99.737
|
98.280
|
Stop-Out Yield (percent)
|
7.11
|
7.21
|
Simple Rate (percent)
|
6.87
|
7.02
|
Weighted average yield of winning bids (percent)
|
7.10
|
7.14
|
Simple rate for weighted average winning bids (percent)
|
6.87
|
6.96
|
Weighted average price of winning bids (P)
|
99.737
|
98.295
|
Minimum winning bid yield (percent)
|
7.08
|
7.12
|
Maximum bid yield (percent)
|
7.14
|
8.20
|
Days to Maturity
|
14
|
91
|
Note:
BoBC200110 - Bids above P99.737 received full allotment while bids at P99.737 received 92.86 percent of the amount applied for.
BoBC070410 - Bids at and above P98.280 received full allotment.
|