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BoBC Auction Results (September 20)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on October 5, 2011 are summarised below.

DATE: September 20, 2011

Issue

BoBC 051011

Total Subscribed (P million)

3 735.886

Total Allotment (P million)

3 735.886

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)

99.757

Minimum winning bid yield (percent)

6.52

Maximum bid yield (percent)

6.58

Days to Maturity

 14

Note: BoBC 051011 – BIDS AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT.

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