Dhaka, Bangladesh (BBN)-The Bangladesh Bank held the auctions of 91-day and 182-day Treasury bills (T-bills) on Sunday.
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.
On Sunday, a total of 32 bids of BDT 12.56 billion for 91-day T-bill and 59 bids of BDT 18.42 billion for 182-day T-bill were offered.
Of those, one bid of BDT 2 billion for 91-day T-bill and six bids of BDT 2.50 billion for 182-day T-bill were accepted.
The range of the implicit yield of the accepted bid was 5.75 percent and 6.45-6.50 percent per annum respectively, according to the auction result.