Results of T-bills auction

Last updated: October 19, 2008

Dhaka, Bangladesh (BBN) - The 37th auction of treasury bills (T-bills) of different maturities was held on Sunday. BDT 6.80 billion and BDT 3.40 billion in grand total BDT 10.20 billion were offered for the 91-day and 364-day bills respectively.

Of those, DBT 4.50 billion and BDT 1.20 billion in grand total BDT 5.70 billion were accepted respectively for the 91-day and 364-day bills, according to the central bank press statement.

BDT 500 million and BDT 1.30 billion were devolved on primary dealers (PDs) for the 91-day and 364-day bills respectively.

The central bank earlier selected nine PDs – eight commercial banks and one NBFI – to handle government-approved securities and issued guidelines for them.

The range of implicit yield of accepted bids were 7.87-7.89 per cent and 8.55-8.57 per cent per annum respectively, the central bank of Bangladesh said.

BBN/SI/SS/AD-19October08-9:36 PM (BST)

 

 

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram