Dhaka, Bangladesh (BBN) - The yield on Five-Year BGTBs remained unchanged today as the banks may express their unwillingness to invest excess funds in the long-term securities.
The cut off yield, generally known as interest rate, on the BGTBs stayed at 12.40 per cent on Tuesday unchanged from the previous level, according to the auction results.
Actually, the cut off yield on the BGTBs was 12.36 per cent if considering reissuing of the bonds, experts said, adding that the bonds were issued on December 13, 2023.
The government borrowed BDT 25 billion through issuing the treasury bonds on the day to meet its budget deficit partly.
Currently, five government treasury bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.
Besides, four treasury bills (T-bills) are transacted through auction to adjust government borrowings from the banking system. The T-bills have 14-day, 91-day, 182-day and 364-day maturity periods.
BBN/SSR/AD