Dhaka, Bangladesh (BBN) - Auction of 20-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said. Of which 11 bids amounting total of BDT 2.9450 billion were offered against pre-targeted amount of BDT 3.25 billion.
Of those, three bids amounting total of BDT 1.00 billion were accepted and BDT 1.0150 billion was distributed among primary dealers (PDs).
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.
BDT 1.2350 billion was devolved on the Bangladesh Bank, the auction result said, adding that the coupon rate of the accepted bids was 12.0700 percent.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/SI-24Apr12=11:40 pm (BST)
