Dhaka, Bangladesh (BBN) - Auction of 182-Day Treasury bills (T-bills) were held on Sunday, official said.
Nine bids amounting total of BDT 3.0 billion were offered against pre-targeted amount of BDT 4.0 billion.
Of those, one bids of BDT 360 million were accepted and BDT 3.64 billion devolved on primary dealers (PDs).
The rate of implicit yields of the accepted bids was 11.20 percent per annum, according to the auction result.
Currently, three T-bills are being transacted through auctions to adjust the government borrowing from the banking system.
The T-bills have 91-day, 182-day and 364-day maturity periods.
The central bank of Bangladesh earlier selected 15 PDs -- 12 banks and three non-banking financial institutions (NBFIs) - to deal with the government-approved securities in the secondary market.
BBN/SSR/AD-12Mar12-9:35 am (BST)
