The auction results of the Bank of Botswana Certificates (BoBC) maturing on August 19, 2009 and November 4, 2009 are summarised below.

Issue BoBC 190809 BoBC 041109
Total Subscribed (P million) 3 040.246 4 862.741
Total Allotment (P million) 3 040.246 4 300.000
Stop-Out Price (P) 99.680 97.939
Stop-Out Yield (percent) 8.72 8.71
Simple Rate (percent) 8.37 8.44
Weighted average yield of winning bids (percent) 8.71 8.70
Simple rate for weighted average winning bids (percent) 8.37 8.43
Weighted average price of winning bids (P) 99.680 97.942
Minimum winning bid yield (percent) 8.69 8.70
Maximum bid yield (percent) 8.72 8.73
Days to Maturity 14 91

Note:BoBC190809 - Bids at and above P99.680 received full allotment.

BoBC041109 - Bids above P97.939 received full allotment while bids at P97.939 received 79.89 percent of the amount applied for.