The auction results of the Bank of Botswana Certificates (BoBC) maturing on November 18, 2009 and February 3, 2010 are summarised below.

Issue BoBC 181109 BoBC 030210
Total Subscribed (P million) 3 290.074 4 044.744
Total Allotment (P million) 3 000.000 4 044.744
Stop-Out Price (P) 99.699 98.052
Stop-Out Yield (percent) 8.18 8.21
Simple Rate (percent) 7.87 7.97
Weighted average yield of winning bids (percent) 8.17 8.20
Simple rate for weighted average winning bids (percent) 7.87 7.96
Weighted average price of winning bids (P) 99.699 98.054
Minimum winning bid yield (percent)

8.15

8.17
Maximum bid yield (percent) 8.18 8.21
Days to Maturity 14 91

Note:

BoBC181109 - Bids above P99.699 received full allotment while bids at P99.699 received 88.98 percent of the amount applied for.

 

BoBC030210 - Bids at and above P98.052 received full allotment.