Dhaka, Bangladesh (BBN)- The government borrowed BDT 8.25 billion on Sunday through auctions of treasury bills. The central bank conducted auctions of 91-day and 364-day bills on the day.

Bidders offered bids for BDT 5.788 billion and BDT 3.6195 billion against 91-day and 364-day bills respectively, the central bank of Bangladesh said.

The central bank, however, accepted BDT 700 million and BDT 300 million against respectively 91-day and 364-day bills.

Besides, BDT 7.25 billion, including BDT 4.80 billion against 91-day bills and BDT 3.6195 against 364-day bills, were devolved to the Bangladesh Bank.

The rates of the implicit yield against the accepted bills were 3.92-3.98 percent and 6.00-6.20 per cent per cent per annum respectively.

BBN/SS/SI/AD-17May09-9:19 pm (BST)