The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 15, 2009 are summarised below.

Issue Issue
Total Subscribed (P million) 1 793.686
Total Allotment (P million) 1 793.686
Stop-Out Price (P) 99.703
Stop-Out Yield (percent) 8.71
Simple Rate (percent) 8.36
Weighted average yield of winning bids (percent) 8.66
Simple rate for weighted average winning bids (percent) 8.31
Weighted average price of winning bids (P) 99.705
Minimum winning bid yield (percent) 8.62
Maximum bid yield (percent) 8.71
Days to Maturity 14

Note: BOBC 150709 – BIDS AT AND ABOVE P99.703 RECEIVED FULL ALLOTMENT.