Dhaka, Bangladesh (BBN)- Auction of 91-Day and 364-Day Treasury bills (T-bills) was held on Sunday, officials said.
Total 10 bids of BDT 3.75 billion for 91-Day T-bills and 11 bids of BDT 3.68 billion for 364-Day T-bills were offered. Of those four bids of BDT 1.53 billion for 91-Day T-bills and two bids of BDT 385 million for 364-Day T-bills were accepted.
Accordingly, BDT 970 million was distributed among primary dealers (PDs) and BDT 2.50 billion was taken by the Bangladesh Bank (BB) for 91-Day Bill.
BDT 1.6150 billion was distributed among the PDs and BDT 2.00 billion was taken by the central bank for 364-Day T-bills.
The rate of the implicit yield of the accepted bid was 11.40 percent and 11.43 percent respectively, according to the auction result.
The central bank earlier selected 15 PDs -- 12 banks and three non-banking financial institutions (NBFIs) -- to deal with government securities in the secondary market.
BBN/SSR/AD-17July12-8:18 am (BST)
