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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 2, 2010 are summarised below.

DATE: May 18, 2010

Issue

BoBC 020610

Total Subscribed (P million)

3 969.542

Total Allotment (P million)

3 969.542

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: BOBC 020610 – BIDS AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.

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