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BoBC Auction Results (August 16)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on August 31, 2011 are summarised below.

DATE: August 16, 2011

Issue

BoBC 310811

Total Subscribed (P million)

2 384.174

Total Allotment (P million)

2 384.174

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 310811 – BIDS AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENt.

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