Dhaka, Bangladesh (BBN) - Bangladesh government borrowed BDT 14.50 billion through issuing treasury bills (T-bills) on Sunday, officials said.
Total 25 bids of BDT 16.1078 billion for 91-Day T-bills and 34 bids of BDT 9.2125 billion for 182-Day T-bills were offered.
Of those, five bids of BDT 7.50 billion for 91-Day T-bills and 27 bids of BDT 7.00 billion for 182-Day T-bills were accepted.
The range of the implicit yield of the accepted bid was 7.27-7.29 percent and 7.47-7.75 percent respectively, according to the auction result.
Currently, three T-bills are being transacted through auctions to adjust the government's borrowing from the banking system. The T-bills have 91-day, 182-day and 364-day maturity periods.
BBN/SSR/AD-14Apr14-11:21 am (BST)