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BoBC Auction Results (December 14)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 29, 2010 are summarised below.

DATE:December 14, 2010

Issue

BoBC 291210

Total Subscribed (P million)

1 929.917

Total Allotment (P million)

1 929.917

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 291210 – BIDS  AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT

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