Dhaka, Bangladesh (BBN)– The government borrowed BDT 11.50 billion from the market through issuing its treasury bills (T-bills) on Sunday, officials said.

Total 36 bids of BDT 18.8074 billion for 91-Day T-bills and 60 bids of BDT 20.0235 billion for 182-Day T-bills were offered. Of those five bids of BDT 6.00 billion for 91-Day T-bills and 16 bids of BDT 5.50 billion for 182-Day T-bills were accepted.

The range of the implicit yield of the accepted bid was 7.35-7.38 per cent and 7.65-7.75 per cent respectively, according to the auction result.

BBN/SSR/AD-02Feb15-10:24 am (BST)