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

Issue BoBC 040309
Total Subscribed (P million) 2 702.708
Total Allotment (P million) 2 702.708
Stop-Out Price (P) 99.547
Stop-Out Yield (percent) 12.57
Simple Rate (percent) 11.86
Weighted average yield of winning bids (percent) 12.56
Simple rate for weighted average winning bids (percent) 11.86
Weighted average price of winning bids (P) 99.547
Minimum winning bid yield (percent) 12.54
Maximum bid yield (percent) 12.57
Days to Maturity 14

Note: BoBC040309 - Bids at and above P99.547 received full allotment.