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 854.70 million for 91-Day T-bills and 10 bids of BDT 513.10 billion for 364-Day T-bills were offered. Of those two bids of BDT 110 million for 91-Day T-bills and two bids of BDT 12 million for 364-Day T-bills were accepted.
Accordingly, BDT 3.5340 billion was distributed among primary dealers (PDs) and BDT 2.3560 billion was distributed among non-PD banks for 91 Day T-bills. BDT 1.0 billion was devolved on Bangladesh Bank (BB) and BDT 1.7928 billion was distributed among PDs and BDT 1.1952 billion was distributed among non-PD banks for 364-Day T-bills.
The implicit yield of the accepted bid was 11.30-11.35 percent and 11.37 percent respectively, according to the auction result.
BBN/SSR/AD-27Aug12-11:35 am (BST)