Govt borrows BDT7.50bn issuing T-bills

Last updated: November 30, 2014

Dhaka, Bangladesh (BBN) - The government borrowed BDT 7.50 billion through issuing treasury bills (T-bills) on Sunday to finance partly budget deficit for the ongoing fiscal year, officials said.

Total 39 bids of BDT 20.8620 billion for 364-Day T-bills were offered. Of those, 11 bids of BDT 7.50 billion for 364-Day T-bills were accepted.

The range of the implicit yield of the accepted bid was 8.09-8.14 percent respectively, according to the auction result.

BBN/SSR/AD-30Nov14-8:21 pm (BST)

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