Dhaka, Bangladesh (BBN) - Auction of 20-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Nine bids amounting total of BDT 1.8750 billion were offered against pre-targeted amount of BDT 2.50 billion. Of those, four bids amounting total of BDT 825 million were accepted and BDT 1.6750 billion was devolved on primary dealers (PDs).
The Bangladesh Bank 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 12.0300 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-28Mar12-11:35 am (BST)
