Dhaka, Bangladesh (BBN)- The government borrowed BDT 5.0 billion through issuing its treasury bonds on Tuesday, officials said.
Twenty eight bids amounting total of BDT 4.2187 billion were offered against pre-targeted amount of BDT 2.50 billion for 15-Year Bangladesh Government Treasury Bonds (BGTBs). Of those, 09 bids amounting total of BDT 2.50 billion were accepted.
The coupon rate of the accepted bid was 11.5000 percent, according to the auction result.
On the other hand, 41 bids amounting total of BDT 3.8110 billion were offered against pre-targeted amount of BDT 2.50 billion for 20-Year BGTBs. Of those, 29 bids amounting total of BDT 2.50 billion were accepted.
The coupon rate of the accepted bid was 11.9800 percent.
Currently, three treasury bills (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.
Furthermore, five government bonds with duration of two, five, 10, 15 and 20 years respectively – are being traded in the market.
BBN/SSR/AD-24Sept14-9:54 am (BST)
