Dhaka, Bangladesh (BBN)– The Bangladesh government borrowed BDT 22 billion through issuing its treasury bills (T-bills) on Sunday to meet budget deficit partly.
An auction was held at the central bank headquarters in Dhaka today in this connection, according to officials.
As per auction calendar, the government borrowed BDT 10 billion through issuing 91-Day T-bills and another BDT 12 billion from 364-Day T-bills.
“The yield, generally known as interest rate, of both T-bills may move up slightly as commercial banks are not interested to buy the instruments after the Eid vacation,” a senior treasury official of a leading private commercial bank told BBN without elaboration.
Currently, three T-bills are being transacted through auctions to adjust government borrowings from the banking system. The T-bills have 91-day, 182-day and 364-day maturity periods.
Furthermore, five government bonds with tenures of 02, 05, 10, 15 and 20 years respectively are traded on the money market.