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

Issue BoBC 180309 BoBC 030609
Total Subscribed (P million) 1 707.899 1 683.906
Total Allotment (P million)

1 707.899

1 100.000
Stop-Out Price (P) 99.585 97.334
Stop-Out Yield (percent) 11.45 11.45
Simple Rate (percent) 10.86 10.99
Weighted average yield of winning bids (percent) 11.42 11.43
Simple rate for weighted average winning bids (percent) 10.84 10.97
Weighted average price of winning bids (P) 99.586 97.338
Minimum winning bid yield (percent) 11.36 11.41
Maximum bid yield (percent) 11.45 11.46
Days to Maturity 14 91

Note: BoBC 180309 - Bids at and above P99.585 received full allotment.

BoBC 030609 - Bids above P97.334 received full allotment while bids at P97.334 received 71.26 percent of amount applied for.