91-day, 182-day T-bills auctions hold Sunday

Dhaka, Bangladesh (BBN)-The Bangladesh Bank held the auctions of 91-day and 182-day Treasury bills (T-bills) on Sunday.
Total 29 bids of BDT 7.43 billion for 91-day T-bill and 39 bids of BDT 16.42 billion for 182-day T-bill were offered.
Of those 10 bids of BDT 2 billion for 91-day T-bill and 2 bids of BDT 2 billion for 182-day T-bill were accepted.
The range of the implicit yield of the accepted bid was 6.75-6.99 percent and 7.20-7.33 percent per annum respectively, according to the auction result.
Currently, three T-bills are being transacted through auctions to adjust the government borrowing from the banking system.
The T-bills have 91-day, 182-day and 364-day maturity periods.

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