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BoBc Auction Results (November 8)

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on November 23, 2011 are summarised below.

DATE: November 8, 2011

Issue

BoBC 231111

Total Subscribed (P million)

9 258.299

Total Allotment (P million)

5 700.000

Stop-Out Price (P)

99.763

Stop-Out Yield (percent)

6.38

Simple Rate (percent)

6.19

Weighted average yield of winning bids (percent)

6.18

Simple rate for weighted average winning bids (percent)

6.01

Weighted average price of winning bids (P)

99.770

Minimum winning bid yield (percent)

4.59

Maximum bid yield (percent)

6.58

Days to Maturity

 14

Note: BoBC 231111 – BIDS  ABOVE P99.763 RECEIVED FULL ALLOTMENT WHILE AT P99.763 RECEIVED 91.03 PERECENT OF THE AMOUNT APPLIED FOR.

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