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BoBC Auction Results (July 13)

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The auction results of the Bank of Botswana Certificate (BoBC) maturing on August 1, 2012 are summarised below.

DATE:July 13, 2012

Issue

BoBC010812

Total Subscribed (P million)

1 597.167

Total Allotment (P million)

1 297.707

Stop-Out Price (P)

99.822

Stop-Out Yield (percent)

4.75

Simple Rate (percent)

4.65

Weighted average yield of winning bids (percent)

4.71

Simple rate for weighted average winning bids (percent)

4.60

Weighted average price of winning bids (P)

99.824

Minimum winning bid yield (percent)

4.65

Maximum bid yield (percent)

4.81

Days to Maturity

 14

Note: BoBC 010812 – BIDS  AT AND ABOVE P99.822 RECEIVED FULL ALLOTMENT.

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