Results of 10-Year BGTB auction

Last updated: July 10, 2012
Dhaka, Bangladesh (BBN) - Auction of 10-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said. 
Thirteen bids amounting total of BDT 4.9250 billion were offered against pre-targeted amount of BDT 6.50 billion. Of those, four bids amounting total of BDT 675 million were accepted and BDT 2.575 billion was distributed among primary dealers. 
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.
Accordingly BDT 3.25 billion was devolved on Bangladesh Bank. 
The coupon rate of the accepted bid was 11.6500 percent, according to the auction result.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
 
BBN/SSR/AD-19July12-11:32 pm (BST) 
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