Dhaka, Bangladesh (BBN) – Auction of 91-Day and 182-Day Treasury Bills (T-bills) was held on Sunday, officials said.
Total 10 bids of BDT 4.50 billion for 91-Day T-bills and 10 bids of BDT 3.75 billion for 182-T-bills were offered.
Of those 02 bids of BDT 815 million for 91-Day T-bills and one bid of BDT 280 million for 182-Day T-bills were accepted.
Accordingly BDT 2.9050 billion was devolved on primary dealers (PDs) and BDT 2.28 billion was devolved on Bangladesh Bank (BB) for 91-Day T-bills and BDT 2.82 billion was devolved on primary dealers (PDs) and BDT 1.90 billion was devolved on the BB for 182-Day T-bills.
The implicit yields of the accepted bids was 11.30 percent and 11.32 percent per, according to 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.
The central bank of Bangladesh earlier selected 15 PDs — 12 banks and three non-banking financial institutions (NBFIs) – to deal with the government-approved securities in the secondary market.
BBN/SSR/AD-30Apr12-11:10 am (BST)
