BGTB yield rises in Bangladesh

Dhaka, Bangladesh (BBN)– Bangladesh Bank held auction for BDT 4.00 billion in 5-Year Bangladesh Government Treasury Bonds (BGTB) on October 19 this year.

Sixteen bids that were offered amounted to a total of BDT 4.26 billion. Of those, two bids amounting to BDT 620 million were accepted, and bonds worth BDT 3.38 billion were devolved on the primary dealers.

The implicit yield for the tenor increased by three basis points to 7.96 percent, treasury officials said, adding that no auction for Treasury Bills was held during the last week.

BBN/SSR/SI-23Oct10-4:10 pm (BST) 

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