Dhaka, Bangladesh (BBN) - Auction of 182-Day Treasury bills (T-bills) were held on Sunday, officials said.
Nine bids amounting total of BDT 3.00 billion were offered against pre-targeted amount of BDT 4.00 billion.
Of those, three bids of BDT 1.00 billion were accepted and BDT 3.00 billion was devolved on primary dealers (PDs).
The weighted average rate of the accepted bid was 11.2036 percent, 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-25Mar12-11:57 pm (BST)
