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BoBC Auction Results (May 24)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 8, 2011 are summarised below.

DATE: May 24, 2011

Issue

BoBC 080611

Total Subscribed (P million)

2 957.779

Total Allotment (P million)

2 957.779

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)

99.756

Minimum winning bid yield (percent)

6.52

Maximum bid yield (percent)

6.58

Days to Maturity

 14

Note: BoBC 080611 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT

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