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BoBC Auction Results (March 8)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 23, 2011 are summarised below.

DATE: March 8, 2011

Issue

BoBC 230311

Total Subscribed (P million)

4 668.620

Total Allotment (P million)

4 668.620

Stop-Out Price (P)

99.756

Stop-Out Yield (percent)

6.58

Simple Rate (percent)

6.38

Weighted average yield of winning bids (percent)

6.55

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 230311 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT

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