Results of 91-Day, 182-Day T-bills auction

Dhaka, Bangladesh (BBN) – Auction of 91-Day and 182-Day Treasury Bills was held on Sunday, officials said.

Total 11 bids of BDT 4.8750 billion for 91-Day T-bills and 11 bids of BDT 4.50 billion for 182-Day T-bills were offered. 

Of those two bids of BDT 625 million for 91-Day T-bills and two bids of BDT 575 million for 182-Day T-bills were accepted. 

Accordingly BDT 2.6250 billion was distributed among primary dealers (PDs) and BDT 3.25 billion was devolved on Bangladesh Bank for 91-Day T-bills and BDT 2.4250 billion was distributed among the PDs and BDT 3.00 billion was devolved on the central bank for 182-Day T-bills. 

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.

The rate of the implicit yield of the accepted bids was 11.36 and 11.38 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-10June12-9:55 pm (BST)