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BoBC Auction Results (August 30)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 14, 2011 are summarised below.

DATE: August 30, 2011

Issue

BoBC 140911

Total Subscribed (P million)

2 678.454

Total Allotment (P million)

2 500.00

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 140911 – BIDS ABOVE P99.756 RECEIVED FULL ALLOTMENT WHILE THOSE AT P99.756 RECEIVED 92.15% OF THE AMOUNT APPLIED FOR.

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