Interest rate on 20-Year BGTB rises in Bangladesh

Last updated: August 27, 2010
Dhaka, Bangladesh (BBN)- Bangladesh Bank held auction for BDT 1.25 billion in 20-Year Bangladesh Government Treasury Bonds (BGTB) on Tuesday last, treasury officials said. 
Sixteen bids that were offered amounted to a total of BDT 1.788 billion. Of those, two bids amounting to BDT 612.50 million were accepted, and bonds worth BDT 637.50 million were devolved on the primary dealers. 
The implicit yield for the tenor increased by three basis points to reach 9.23 percent. No auction for Treasury Bills was held during the week.
 
BBN/SI/AD-27Aug10-11:23 pm (BST)  
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