Govt borrows BDT 13.33bn issuing T-bills

Last updated: March 22, 2015

Dhaka, Bangladesh (BBN) - The Government borrowed BDT 13.33 billion from the market issuing its treasury bills (T-bills) on Sunday to finance budget deficit.

Total 26 bids of BDT 12.5040 billion for 91-Day treasury bills (T-bills) and 25 bids of BDT 12.6984 billion for 364-Day T-bills were offered.

Of those, nine bids of BDT 8.0 billion for 91-Day T-bills and 15 bids of BDT 5.33 billion for 364-Day T-bills were accepted.

The range of the implicit yield of the accepted bid was 7.35-7.50 per cent and 8.00-8.46 per cent per respectively, according to the auction result.

BBN/SSR/AD-22Mar15-11:55 pm (BST)

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