Dhaka, Bangladesh (BBN) - Auction of 182-Day Treasury bills (T-bills) were held on Sunday, officials said.
Eleven bids amounting total of BDT 2.6250 billion were offered against pre-targeted amount of BDT 3.50 billion. Of those, four bids of BDT 567.80 million were accepted and BDT 2.9322 billion was developed on primary dealers (PDs).
“The rate of the implicit yields of the accepted bids were 11.25 percent per annum,” the central bank said in a press statement.
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.
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.
BBN/SSR/AD-13Feb12-12:20 pm (BST)
