The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 6, 2009 are summarised below.

Issue BoBC 060509
Total Subscribed (P million) 3 891.808
Total Allotment (P million) 3 700.000
Stop-Out Price (P) 99.585
Stop-Out Yield (percent) 11.45
Simple Rate (percent) 10.86
Weighted average yield of winning bids (percent) 11.43
Simple rate for weighted average winning bids (percent) 10.84
Weighted average price of winning bids (P) 99.586
Minimum winning bid yield (percent) 11.42
Maximum bid yield (percent) 11.45
Days to Maturity 14

Note: BOBC060509 - BIDS ABOVE P99.585 RECEIVED FULL ALLOTMENT WHILE AT P99.585 RECEIVED 85.44 PERCENT OF AMOUNT APPLIED FOR.