The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 22, 2009 and October 7, 2009 are summarised below.

Issue BoBC 220709 BoBC 071009
Total Subscribed (P million) 5 671.790 4 289.744
Total Allotment (P million) 5 600.000 4 289.744
Stop-Out Price (P) 99.680 97.935
Stop-Out Yield (percent) 8.72 8.73
Simple Rate (percent) 8.37 8.46
Weighted average yield of winning bids (percent) 8.68 8.71
Simple rate for weighted average winning bids (percent) 8.34 8.44
Weighted average price of winning bids (P) 99.681 97.939
Minimum winning bid yield (percent) 8.63 8.67
Maximum bid yield (percent)

8.72

8.73
Days to Maturity 14 91

Note: BoBC220709 - Bids above P99.680 received full allotment while bids at P99.680 received 85.50 percent of the amount applied for.

BoBC071009 - Bids at and above P97.935 received full allotment.