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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 6, 2010 are summarised below.

Issue

BoBC 060110

Total Subscribed (P million)

3 505.766

Total Allotment (P million)

3 505.766

Stop-Out Price (P)

99.735

Stop-Out Yield (percent)

7.16

Simple Rate (percent)

6.93

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)

7.05

Maximum bid yield (percent)

7.16

Days to Maturity

14

Note: BOBC 060110 – BIDS AT AND ABOVE P99.735 RECEIVED FULL ALLOTMENT.

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