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BoBC Auction Results (July 16)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on August 04, 2010 are summarised below.

DATE: July 16, 2010

Issue

BoBC 040810

Total Subscribed (P million)

2 723.825

Total Allotment (P million)

2 723.825

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 040810 – BIDS  AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.

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