Dhaka, Bangladesh (BBN) – The government borrowed BDT 12 billion through issuing its treasury bills (T-bills) on Sunday, officials said.

Total 69 bids of BDT 45.2720 billion for 91-Day T-bills and 40 bids of BDT 11.1980 billion for 364-Day T-bills were offered. Of those, 17 bids of BDT 8.00 billion for 91-Day T-bills and 17 bids of BDT 4.00 billion for 364-Day T-bills were accepted.

The range of the implicit yield of the accepted bid was 7.68-7.79 percent and 8.13-8.30 percent respectively, according to the auction result.

BBN/SSR/AD-12Jan15-11:22 am (BST)