The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 21, 2009 and April 8, 2009 are summarised below.

Issue BoBC 210109 BoBC 080409
Total Subscribed (P million) 5 104.807 6 265.514
Total Allotment (P million) 5 104.807 5 400.000
Stop-Out Price (P) 99.547 97.092
Stop-Out Yield (percent) 12.57 12.57
Simple Rate (percent) 11.86 12.01
Weighted average yield of winning bids (percent) 12.55 12.55
Simple rate for weighted average winning bids (percent) 11.84 12.00
Weighted average price of winning bids (P) 99.584 97.095
Minimum winning bid yield (percent) 12.51 12.46
Maximum bid yield (percent) 12.57 12.60
Days to Maturity 14 91

Note: BoBC 210109 - Bids at and above P99.547 received full allotment.

BoBC 080409 - Bids above P97.092 received full allotment while bids at P97.092 received 30.68 percent of amount applied for.