The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 28, 2011 are summarised below.

DATE: September 13, 2011

Issue BoBC 280911
Total Subscribed (P million) 2 668.493
Total Allotment (P million) 2 668.493
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.56
Simple rate for weighted average winning bids (percent) 6.35
Weighted average price of winning bids (P) 99.757
Minimum winning bid yield (percent) 6.52
Maximum bid yield (percent) 6.58
Days to Maturity 14

Note: BoBC 280911 – BIDS AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT.