Dhaka, Bangladesh (BBN) – Auction of 182-Day Treasury bill (T-bills) was held on Sunday, officials said.

Thirteen bids amounting total of BDT 2.94 billion were offered against pre-targeted amount of BDT 3.0 billion. Of those, 13 bids of BDT 2.94 billion were accepted and BDT 60 million distributed among 13 primary dealers.

“The range of the implicit yield of the accepted bids were 10.24-10.25 percent per annum,” the auction result said.

Currently, three T-bills are being transacted through auctions to adjust the government borrowing from the banking system.

The T-bills have 91-day, 182-day and 364-day maturity periods.

BBN/SSR/AD-02Jan12-1:16am (BST)