Dhaka, Bangladesh (BBN) – Auction of 20-Year Bangladesh Government Treasury Bond (BGTB) was held on Tuesday, officials said.
Ten bids amounting total of BDT 2.5750 billion were offered against pre-targeted amount of BDT 2.50 billion. Off those, three bids amounting total of BDT 1.1282 billion were accepted and BDT 1.3718 billion was devolved on primary dealers (PDs).
“The coupon rate of the accepted bids was 11.9500 percent per annum,” the central bank said in its auction result.
Currently, four government bonds – five-year, 10-year, 15-year and 20-year -are being traded in the markets.
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 PDs will subscribe and underwrite primary issues and make secondary trading deals with two-way price quotations.
BBN/SSR/AD-25Jan12-7:35 am (BST)
