Dhaka, Bangladesh (BBN)- Bangladesh Bank held auction for BDT 3.50 billion in 5-Year Bangladesh Government Treasury Bonds on Tuesday.

Eighteen bids that were offered amounted to a total of BDT 3.695 billion. Of those, six bids amounting to BDT 1.045 billion were accepted, and bonds worth BDT 2.455 billion were devolved on the primary dealers.

“The implicit yield for the tenor increased by five basis points to 7.93 percent,” a treasury official of a commercial bank said.

BBN/SI/AD-25Sept10-1:44 pm (BST)