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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 26, 2010 are summarised below.

DATE: May 11, 2010

Issue

BoBC 260510

Total Subscribed (P million)

3 071.915

Total Allotment (P million)

3 071.915

Stop-Out Price (P)

99.737

Stop-Out Yield (percent)

7.11

Simple Rate (percent)

6.87

Weighted average yield of winning bids (percent)

7.09

Simple rate for weighted average winning bids (percent)

6.85

Weighted average price of winning bids (P)

99.738

Minimum winning bid yield (percent)

7.08

Maximum bid yield (percent)

7.11

Days to Maturity

14

Note: BOBC 260510 – BIDS AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.

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