Dhaka, Bangladesh (BBN)- Auction of 20-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Of which 14 bids amounting total of BDT 4.41 billion were offered against pre-targeted amount of BDT 3.00 billion. Of those, six bids amounting total of BDT 2.65 billion was accepted and BDT 350 million was distributed among other 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.
The coupon rate of the accepted bid was 12.1200 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-26July12-10:50 am (BST)
