Dhaka, Bangladesh (BBN)- The government borrowed BDT 16 billion through issuing its treasury bills (T-bills) on Sunday to finance budget deficit partly, official said.
Total 24 bids of BDT 10.3940 billion for 91-Day T-bills and 36 bids of BDT 13.8096 billion for 182-Day T-bills were offered.
Of those nine bids of BDT 2.00 billion for 91-Day T-bills and 19 bids of BDT 8.oo billion for 182-Day T-bills were accepted.
Accordingly, BDT 2.40 billion was devolved on Primary Dealers (PDs), BDT 1.60 billion was devolved on non-PD banks and BDT 2.00 billion was devolved on Bangladesh Bank for 91-Day T-bills.
The range of the implicit yield of the accepted bid was 7.10-7.35 per cent and 7.53-7.67 per cent per respectively, according to the auction result.
BBN/SSR/AD-15Mar15-8:14 pm (BST)