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The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 28, 2011 are summarised below.
DATE: December 13, 2011
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Issue
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BoBC 281211
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Total Subscribed (P million)
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4 137.930
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Total Allotment (P million)
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2 000.000
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Stop-Out Price (P)
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99.825
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Stop-Out Yield (percent)
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4.67
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Simple Rate (percent)
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4.57
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Weighted average yield of winning bids (percent)
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4.40
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Simple rate for weighted average winning bids (percent)
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4.31
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Weighted average price of winning bids (P)
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99.835
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Minimum winning bid yield (percent)
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2.91
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Maximum bid yield (percent)
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4.81
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Days to Maturity
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14
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Note: BoBC 281211 – BIDS ABOVE P99.825 RECEIVED FULL ALLOTMENT WHILE AT P99.825 RECEIVED 48.05 PERECENT OF THE AMOUNT APPLIED FOR.
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