The auction results of the Bank of Botswana Certificates (BoBC) maturing on November 10, 2010 are summarised below.

DATE:October 26, 2010

Issue BoBC 101110
Total Subscribed (P million) 6 911.794
Total Allotment (P million) 6 911.794
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.10
Simple rate for weighted average winning bids (percent) 6.87

Weighted average price of winning bids (P)

99.737
Minimum winning bid yield (percent) 7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 101110 – BIDS  AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT