Dhaka, Bangladesh (BBN)- Auction of 20-Year Bangladesh Government Treasury Bonds (BGTB) were held on Tuesday, officials said.
Ten bids amounting total of BDT 3.1750 billion were offered against pre-targeted amount of BDT 2.50 billion. Of those, four bids amounting total of BDT 1.9250 billion were accepted and BDT 575 million was devolved on primary dealers (PDs).
The coupon rate of the accepted bids was 12.0000 percent, according to the auction result.
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 coupon rate of the accepted bids was 11.6000 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-29Feb12-9.55 am (BST)