Dhaka, Bangladesh (BBN) - Auction of 15-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Twelve bids amounting total of BDT 3.75 billion were offered against pre-targeted amount of BDT 5.00 billion. Of those, three bids amounting total of BDT 530 million were accepted and BDT 2.57 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 1.90 billion was devolved on Bangladesh Bank, the auction result said, adding that the coupon rate of the accepted bids was 11.7000 percent.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/AD-17Apr12-9:20 pm (BST)
