Dhaka, Bangladesh (BBN)- Auction of 15-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Of which 13bids amounting total of BDT 3.2150 billion were offered against pre-targeted amount of BDT 3.50 billion. Of those, six bids amounting total of BDT 1.5850 billion were accepted and BDT 980 million 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.
Accordingly, BDT 935 million was taken by the Bangladesh Bank.
The coupon rate of the accepted bid was 11.8500 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-19JUly12-12:10 pm (BST)
