The auction results of the Bank of Botswana Certificates (BoBC) maturing on April 22, 2009 and July 8, 2009 are summarised below.

Issue BoBC 220409 BoBC 080709
Total Subscribed (P million) 3 165.829 6 093.517
Total Allotment (P million) 3 000.000 6 093.517
Stop-Out Price (P) 99.585 97.336
Stop-Out Yield (percent) 11.45 11.44
Simple Rate (percent) 10.86 10.98
Weighted average yield of winning bids (percent) 11.43 11.42
Simple rate for weighted average winning bids (percent) 10.84 10.96
Weighted average price of winning bids (P) 99.586 97.340
Minimum winning bid yield (percent) 11.42 11.40
Maximum bid yield (percent) 11.45 11.44
Days to Maturity 14 91

Note:BoBC 220409 - Bids above P99.585 received full allotment while bids at P99.585 received 83.75 percent of amount applied for.

BoBC 080709 - Bids at and above P97.336 received full allotment.