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BoBC Auction Results (November 1)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on November 16, 2011 and February 1, 2012 are summarised below.

DATE: November 1, 2011

Issue

BoBC 161111

Total Subscribed (P million)

2 162.720

Total Allotment (P million)

1 616.057

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  161111 - Bids above P99.756 received full allotment while bids at P99.756 received 60.72 percent of amount applied for.

BoBC  010212 - The auction was cancelled.

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