Dhaka, Bangladesh (BBN) - Auction of 10-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Eighteen bids amounting total of BDT 5.63 billion were offered against pre-targeted amount of BDT 7.00 billion. Of those, nine bids amounting total of BDT 1.0006 billion were accepted and BDT 3.3394 billion was distributed among 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.
BDT 2.66 billion was devolved on Bangladesh Bank, the auction result said, adding that the coupon rate of the accepted bids was 11.5000 percent.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/AD-11Apr12-8:01 am (BST)
