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BoBC Auction Results (December 28)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 12, 2011 are summarised below.

DATE:December 28, 2010

Issue

BoBC 120111

Total Subscribed (P million)

1 416.546

Total Allotment (P million)

1 416.546

Stop-Out Price (P)

99.756

Stop-Out Yield (percent)

6.58

Simple Rate (percent)

6.38

Weighted average yield of winning bids (percent)

6.56

Simple rate for weighted average winning bids (percent)

6.35

Weighted average price of winning bids (P)

99.757

Minimum winning bid yield (percent)

6.52

Maximum bid yield (percent)

6.58

Days to Maturity

 14

Note: BOBC 120111 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT

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