Dhaka, Bangladesh (BBN)- Auction of 10-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Sixteen bids amounting total of BDT 5.38 billion were offered against pre-targeted amount of BDT 7.00 billion. Of those, seven bids amounting total of BDT 580.60 million were accepted and BDT 2.9194 billion was distributed among primary dealers (PDs).
Accordingly BDT 3.50 billion was devolved on Bangladesh Bank.
“The coupon rate of the accepted bids was 11.6000 percent per annum,” the central bank said in an 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-13June12-10:32 am (BST)
