The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 16, 2009 and December 2, 2009 are summarised below.

Issue BoBC 160909 BoBC 021209
Total Subscribed (P million) 2 707.838 1 274.814
Total Allotment (P million) 2 000.000 1 274.814
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) 8.16 8.16
Simple rate for weighted average winning bids (percent) 7.84 7.92
Weighted average price of winning bids (P) 99.700 98.063
Minimum winning bid yield (percent) 8.12 8.14
Maximum bid yield (percent) 8.20 8.21
Days to Maturity 14 91

Note:
BoBC160909 - Bids above P99.699 received full allotment while bids at P99.699 received 52.54 percent of the amount applied for.

BoBC021209 - Bids at and above P98.052 received full allotment.