Dhaka, Bangladesh (BBN)– The government borrowed BDT 5.0 billion through re-issuing its treasury bonds on Tuesday to finance budget deficit, officials said.
Twenty bids amounting total of BDT 1.4960 billion were offered against pre-targeted amount of BDT 2.50 billion for 15-Year Bangladesh Government Treasury Bonds (BGTBs). Of those, four bids amounting total of BDT 297.70 million were accepted.
Accordingly, BDT 721.40 million was devolved on primary dealers (PDs); BDT.480.90 million was devolved on non-PD banks and BDT 1.0 billion was devolved on the Bangladesh Bank. The cut-off price of the accepted bid was Tk.99.6267 (Per 100.00 Tk.).
On the other hand, 22 bids amounting total of BDT 1.6324 billion were offered against pre-targeted amount of BDT 2.50 billion for 20-Year BGTBs. Of those, four bids amounting total of BDT 214.30 million were accepted.
Accordingly, BDT 621.40 million was devolved on PDs; BDT.414.30 million was devolved on non-PD banks and BDT 1.25 billion was devolved on the central bank of Bangladesh. The cut-off Price of the accepted bid was Tk.99.4528 (Per 100.00 Tk.).
BBN/SSR/AD-24Dec14-8:32 am (BST)
