Bangladesh Taka

Dhaka, Bangladesh (BBN) - The cut off yield, generally known as interest rate, on the 91-Day T-bills remained unchanged at 11.65 per cent in the immediate past auction from the previous level while the yield on 182-Day T-bills was stay at 11.80 per cent from the earlier.

However, the yield on 364-Day T-bills also remained unchanged at 11.95 per cent on the day from the previous level, according to the auction results.

The government is set to borrow BDT 80 billion on Sunday through issuing three-type of the treasury bills (T-bills) to partially meet its budget deficit.

Currently, four 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.

The bills are short-term investment tools issued through auction, conducted by the central bank on behalf of the government.

Furthermore, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.

BBN/SSR/AD

Bangladesh Taka

Dhaka, Bangladesh (BBN) - The yields on treasury bills (T-bills) may fall slightly today as banks may express willingness to invest their excess liquidity in the short-term securities.

The cut off yield, generally known as interest rate, on the 91-Day T-bills remained unchanged at 11.65 per cent in the immediate past auction from the previous level while the yield on 182-Day T-bills was stay at 11.80 per cent from the earlier.

No bid has been accepted from 364 days T-bill auction on the immediate past auction, according to the central bank’s auction result.

The government is set to borrow BDT 80 billion on Sunday through issuing three-type of the T-bills to partially meet its budget deficit.

Currently, four 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.

The bills are short-term investment tools issued through auction, conducted by the central bank on behalf of the government.

Furthermore, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.

BBN/SSR/AD

Dhaka, Bangladesh (BBN)

The cut off yield, generally known as interest rate, on the BGTBs came down to 12.40 per cent on the day from 12.45 per cent earlier, according to the auction results.

The government borrowed BDT 35.10 billion against the pre-auction targeted 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

Dhaka, Bangladesh (BBN)

The cut off yield, generally known as interest rate, on the 91-Day T-bills remained unchanged at 11.65 per cent on the day from the previous level while the yield on 182-Day T-bills was stay at 11.80 per cent from the earlier.

“No bid has been accepted from 364 days T-bill auction,” the central said in its auction result.

The government borrowed nearly BDT 77.66 billion against the pre-auction targeted amount of BDT 80 billion through issuing the T-bills on the day to partially meet its budget deficit.

Currently, four 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.

Furthermore, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.

BBN/SSR/AD

Bangladesh Taka

Dhaka, Bangladesh (BBN) - A special auction is scheduled to be held tomorrow (Thursday) only for 91-Day treasury bills (T-bills) to meet budget deficit partly for the outgoing fiscal year (FY), 2023-24.

The government is set to borrow BDT 30 billion on the day through issuing the short-term securities on the same ground.

The ongoing stable trend of yield on the T-bills may continue tomorrow as banks may express unwillingness to invest their excess liquidity in the short-term securities.

The cut off yield, generally known as interest rate, on the 91-Day T-bills remained unchanged at 11.65 per cent in the immediate past auction from the previous level, according to auction results.

Currently, four 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.

The bills are short-term investment tools issued through auction, conducted by the central bank on behalf of the government.

Furthermore, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.

BBN/SSR/AD

Dhaka, Bangladesh (BBN)

The cut off yield, generally known as interest rate, on the 91-Day T-bills remained unchanged at 11.65 per cent on the day from the previous level while the yield on 182-Day T-bills was stay at 11.80 per cent from the earlier.

However, the yield on 364-Day T-bills also remained unchanged at 12.00 per cent on the day from the previous level, according to the auction results.

The government borrowed nearly BDT 57.32 billion against the pre-auction targeted amount of BDT 108 billion through issuing the T-bills on the day to partially meet its budget deficit.

Currently, four 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.

Furthermore, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.

BBN/SSR/AD

Bangladesh Taka

Dhaka, Bangladesh (BBN) -The ongoing stable trend of yields on treasury bills (T-bills) may continue today as banks may express unwillingness to invest their excess liquidity in the short-term securities.

The cut off yield, generally known as interest rate, on the 91-Day T-bills remained unchanged at 11.65 per cent in the immediate past auction from the previous level while the yield on 182-Day T-bills was stay at 11.80 per cent from the earlier.

However, the yield on 364-Day T-bills also remained unchanged at 12.00 per cent on the day from the previous level, according to the auction results.

The government is set to borrow BDT 108 billion on Sunday through issuing three-type of the treasury bills (T-bills) to partially meet its budget deficit.

Currently, four 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.

The bills are short-term investment tools issued through auction, conducted by the central bank on behalf of the government.

Furthermore, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.

BBN/SSR/AD

Dhaka, Bangladesh (BBN)

The cut off yield, generally known as interest rate, on the BGTBs rose to 12.55 per cent on the day from 12.15 per cent earlier, according to the auction results.

The government borrowed more than BDT 11.75 billion instead of the pre-auction targeted BDT 30 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

Dhaka, Bangladesh (BBN)

The weighted average rate (WAR) on call money came down to 2.54 per cent on the day from 4.27 per cent on September 01, according to the Bangladesh Bank (BB)’s latest data.

On the other hand, the call money rate ranged also fell to 0.30-5.25 per cent on Tuesday from 3.25-5.25 per cent on September 01.

But most of the deals were settled at rates varying between 1.00 per cent and 1.50 per cent, market operators said.

The transaction in the inter-bank call money market came down to BDT 74.43 billion on the day from BDT 86.77 billion on September 01.

Meanwhile, the deposit growth in the banking sector maintained an upward trend in the recent months mainly due to lower sales of the national savings certificates and higher inflow of remittances.

The existing trend in call money rate may continue in the coming days, they added.

BBN/SSR/AD

Dhaka, Bangladesh (BBN)

The yield, generally known as coupon interest rate, of the two-year BGTBs rose to 7.80 per cent on the day from 7.68 per cent of the previous auction, according to officials.

The government borrowed BDT 30 billion from the scheduled banks through issuing its treasury bond on the day to finance budget deficit partly.

Talking to the BBN, a senior official of the Bangladesh Bank (BB) said the banks have quoted higher interest rates on the bonds as the government has already announced a hefty bank borrowing target for this month.

The government is set to make a net borrowing of nearly BDT 142 billion from the country’s banking system in June, the last month of this fiscal year, to meet its budget deficit partly.

The government may take up to BDT 260 billion as gross borrowing from the banking system in June 2020 by issuing treasury bills (T-bills) and bonds, according to the auction calendar, issued by the central bank recently.

The government’s net bank borrowing may reach BDT 141.80 billion in a single month (June), after deducting BDT 118.20 billion against the government securities that would be mature in the month.

“The government has to borrow more from the banking system mainly due to lower revenue collection along with the falling trend in sales of national savings certificates,” the central banker explained.

Senior bankers, however, predicted that the rising trend of yield on the government securities may continue until second weeks of July 2020 because of higher bank borrowing of the government.

“Most of the banks are not interested to invest more particularly in the long-term government securities as the central bank has already enhanced advance-deposit ratio (ADR) limit,” a treasury head of a leading private commercial bank explained.

Earlier on April 12 last, the central bank increased ADR limit by 2.0 percentage points to help the banks for implementation the ongoing stimulus package through investing more in different sectors.

The ADR has been re-fixed at 87 per cent for all the conventional banks instead of 85 per cent earlier while such limit has been revised at 92 per cent for the Shariah-based Islami banks from 90 per cent.

Currently, three treasury bills (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.

BBN/SSR/AD