Dhaka, Bangladesh (BBN) - Auction of 10-Year Bangladesh Government Treasury Bonds (BGTB) were held on Tuesday, officials said.
Seventeen bids amounting total of BDT 4.3450 billion were offered against pre-targeted amount of BDT 5.50 billion. Of those, nine bids amounting total of BDT 945 million were accepted and BDT 4.555 billion was devolved on primary dealers (PDs).
The central bank of Bangladesh earlier selected 15 PDs -- 12 commercial banks and three non-banking financial institutions (NBFIs) -- to deal with government securities in the secondary market.
“The coupon rate of the accepted bids was 11.3500 percent per annum,” the central bank said.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/AD-15Feb12-9:33 am (BST)
