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BoBC Auction Results - June 22

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 7, 2010 are summarised below.

DATE: June 22, 2010

Issue

BoBC 070710

Total Subscribed (P million)

 3 834.906

Total Allotment (P million)

 3 834.906

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 070710 – BIDS AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT OF THE AMOUNT APPLIED FOR.

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