Dhaka, Bangladesh (BBN) – Auction of 91-Day and 364-Day Treasury Bills (T-bills) was held on Sunday, officials said.
Total 27 bids of BDT 14.1425 billion for 91-Day T-bills and 18 bids of BDT 12.50 billion for 364-Day T-bills were offered.
Of those seven bids of BDT 5.0 billion for 91-Day T-bills and 13 bids of BDT 6.0 billion for 364-Day T-bills were accepted.
The range of implicit yield of the accepted bid was 10.49-10.69 percent and 11.36-11.40 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-08Oct12-10:45 am (BST)