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BoBC Auction Results (August 21)

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The auction results of the Bank of Botswana Certificate (BoBC) maturing on September 5, 2012 are summarised below.

DATE: August 21, 2012

Issue

BoBC050912

Total Subscribed (P million)

1 527.290

Total Allotment (P million)

1 377.561

Stop-Out Price (P)

99.822

Stop-Out Yield (percent)

4.75

Simple Rate (percent)

4.65

Weighted average yield of winning bids (percent)

4.72

Simple rate for weighted average winning bids (percent)

4.62

Weighted average price of winning bids (P)

99.823

Minimum winning bid yield (percent)

4.70

Maximum bid yield (percent)

4.84

Days to Maturity

 14

Note: BoBC 050912 – BIDS AT AND ABOVE P99.822 RECEIVED FULL ALLOTMENT.

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