The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 17, 2009 and September 2, 2009 are summarised below.

Issue BoBC 170609 BoBC 020909
Total Subscribed (P million) 1 835.058 2 151.655
Total Allotment (P million) 1 835.058 1 800.000
Stop-Out Price (P) 99.623 97.578
Stop-Out Yield (percent) 10.35 10.33
Simple Rate (percent) 9.87 9.96
Weighted average yield of winning bids (percent) 10.34 10.32
Simple rate for weighted average winning bids (percent) 9.87 9.94
Weighted average price of winning bids (P) 99.623 97.581
Minimum winning bid yield (percent) 10.32 10.30
Maximum bid yield (percent) 10.35 10.35
Days to Maturity 14 91

Note:BoBC170609 - Bids at and above P99.623 received full allotment.

BoBC020909 - Bids above P97.578 received full allotment while bids at P97.578 received 71 percent of the amount applied for.