The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 16, 2009 and March 3, 2010 are summarised below.
Issue
|
BoBC 161209
|
BoBC 030310
|
Total Subscribed (P million)
|
2 826.479
|
1 598.277
|
Total Allotment (P million)
|
2 800.000
|
1 598.277
|
Stop-Out Price (P)
|
99.699
|
98.052
|
Stop-Out Yield (percent)
|
8.18
|
8.21
|
Simple Rate (percent)
|
7.87
|
7.97
|
Weighted average yield of winning bids (percent)
|
8.16
|
8.20
|
Simple rate for weighted average winning bids (percent)
|
7.84
|
7.96
|
Weighted average price of winning bids (P)
|
99.700
|
98.054
|
Minimum winning bid yield (percent)
|
8.15
|
8.17
|
Maximum bid yield (percent)
|
8.18
|
8.21
|
Days to Maturity
|
14
|
91
|
Note:
BoBC161209 - Bids above P99.699 received full allotment while bids at P99.699 received 98.30 percent of the amount applied for.
BoBC030310 - Bids at and above P98.052 received full allotment.
|