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BoBC Auction Results (July 13)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 28, 2010 are summarised below.

DATE: July 13, 2010

Issue

BoBC 280710

Total Subscribed (P million)

4 222.868

Total Allotment (P million)

4 222.868

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 280710 – BIDS  AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.

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