Dhaka, Bangladesh (BBN)- Auction of 20-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Of which 12 bids amounting total of BDT 2.5575 billion were offered against pre-targeted amount of BDT 3.41 billion. Of those, three bids amounting total of BDT 247.50 million was accepted and BDT 1.4575 billion was distributed among primary dealers (PDs).
Accordingly, BDT 1.705 billion was devolved on Bangladesh Bank.
The coupon rate of the accepted bid was 12.1200 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.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/AD-27June12-11:00 am (BST)
