Dhaka, Bangladesh (BBN) - Auction of 10-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Ten bids amounting total of BDT 4.1250 billion were offered against pre-targeted amount of BDT 5.50 billion. Of those, two bids amounting total of BDT 525 billion were accepted and BDT 4.9750 billion was devolved on primary dealers (PDs).
The coupon rate of the accepted bids was 11.4000 percent, according to the auction result.
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.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/AD-14Mar12-9:55 am (BST)
