Dhaka, Bangladesh (BBN)– Auction of 91-Day and 364-Day Treasury Bills (T-bills) was held on Sunday, officials said.
Total nine bids of BDT 3.3750 billion for 91-Day T-bills and nine bids of BDT 2.0625 billion for 364-Day T-bills were offered. Of those five bids of BDT 1.9350 billon for 91-Day T-bills and five bids of BDT 1.1825 billion for 364-Day T-bills were accepted.
BDT 2.5650 billion and BDT 1.5675 billion were devolved on Primary Dealers (PDs) for 91-Day T-bills and 364-Day T-bills respectively.
“The rate of the implicit yields of the accepted bids were 11.0002 percent and 11.2501 percent per annum respectively,” the auction result said.
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, 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/SI-05Mar12-9:50 am (BST)
