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The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 7, 2011 are summarised below.
DATE: November 22, 2011
Issue
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BoBC 071211
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Total Subscribed (P million)
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8 675.730
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Total Allotment (P million)
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5 700.000
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Stop-Out Price (P)
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99.885
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Stop-Out Yield (percent)
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3.05
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Simple Rate (percent)
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3.00
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Weighted average yield of winning bids (percent)
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2.40
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Simple rate for weighted average winning bids (percent)
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2.37
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Weighted average price of winning bids (P)
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99.909
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Minimum winning bid yield (percent)
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1.50
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Maximum bid yield (percent)
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4.59
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Days to Maturity
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14
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Note: BoBC 071211 – BIDS ABOVE P99.885 RECEIVED FULL ALLOTMENT WHILE AT P99.885 RECEIVED 82.16 PERECENT OF THE AMOUNT APPLIED FOR.
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