The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 20, 2010 and April 7, 2010 are summarised below.

Issue BoBC 200110 BoBC 070410
Total Subscribed (P million)

4 423.344

3 125.702
Total Allotment (P million) 4 000.000 3 086.480
Stop-Out Price (P) 99.737 98.280
Stop-Out Yield (percent) 7.11 7.21
Simple Rate (percent) 6.87 7.02
Weighted average yield of winning bids (percent) 7.10 7.14
Simple rate for weighted average winning bids (percent) 6.87 6.96
Weighted average price of winning bids (P) 99.737 98.295
Minimum winning bid yield (percent) 7.08 7.12
Maximum bid yield (percent)

7.14

8.20
Days to Maturity 14 91

Note:

BoBC200110 - Bids above P99.737 received full allotment while bids at P99.737 received 92.86 percent of the amount applied for.

BoBC070410 - Bids at and above P98.280 received full allotment.