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BoBC Auction Results (January 18)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on February 2, 2011 are summarised below.

DATE:January 18, 2011

Issue

BoBC 020211

Total Subscribed (P million)

6 169.930

Total Allotment (P million)

6 169.930

Stop-Out Price (P)

99.756

Stop-Out Yield (percent)

6.58

Simple Rate (percent)

6.38

Weighted average yield of winning bids (percent)

6.57

Simple rate for weighted average winning bids (percent)

6.38

Weighted average price of winning bids (P)

99.756

Minimum winning bid yield (percent)

6.52

Maximum bid yield (percent)

6.58

Days to Maturity

 14

Note: BOBC 020211 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT

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