Dhaka, Bangladesh (BBN) - Auction of 91-Day and 182-Day Treasury Bills (T-bills) was held on Sunday, officials said.
Total 11 bids of BDT 4.3277 billion for 91-Day T-bills and 11 bids of BDT 3.7797 billion for 182-Day T-bills were offered.
Of those two bids of BDT 1.51 billion for 91-Day T-bills and two bids of BDT 1.51 billion for 182-Day T-bills were accepted.
Accordingly, BDT 2.6940 billion was distributed among primary dealers (PDs) and Bangladesh Bank and BDT 1.7960 billion was distributed among non-PD banks for 91 Day T-bills.
BDT 2.6940 billion was distributed among the PDs and the central bank and BDT 1.7960 billion was distributed among non-PD banks for 182 Day T-bills.
The rate of the implicit yield of the accepted bid was 11.25 percent and 11.30 percent respectively, according to the auction result.
Currently, three T-bills are being transacted through auctions to adjust the government borrowing from the banking system.
The T-bills have 91-day, 182-day and 364-day maturity periods.
BBN/SSR/AD-07Aug12-1:01 am (BST)
