The auction results of the Bank of Botswana Certificates (BoBC) maturing on February 18, 2009 and May 6, 2009 are summarised below.

Issue BoBC 180209 BoBC 060509
Total Subscribed (P million) 4 236.740 3 922.709
Total Allotment (P million) 4 236.740 3 200.000
Stop-Out Price (P) 99.547 97.094
Stop-Out Yield (percent) 12.57 12.56
Simple Rate (percent) 11.86 12.00
Weighted average yield of winning bids (percent) 12.55 12.54
Simple rate for weighted average winning bids (percent) 11.84 11.99
Weighted average price of winning bids (P) 99.548 97.098
Minimum winning bid yield (percent)

12.54

12.51

Maximum bid yield (percent) 12.57 12.56
Days to Maturity 14 91

Note: BoBC 180209 - Bids at and above P99.547 received full allotment.

BoBC 060509 - Bids above P97.094 received full allotment while bids at P97.094 received 34.78 percent of amount applied for.