Dhaka, Bangladesh (BBN) - Auction of 15-Year Bangladesh Government Treasury Bonds (BGTB) were held on Monday, officials said.
Nine bids amounting total of BDT 2.4075 billion were offered against pre-targeted amount of BDT 2.75 billion. Of those, two bids amounting total of BDT 812.50 million were accepted and BDT 1.9375 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 11.6000 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-21Feb12-1:50 pm (BST)