Dhaka, Bangladesh (BBN)- Auction of 91-Day and 364-Day Treasury Bills (T-bills) were held on Sunday, officials said.
Total 28 bids of BDT 14.5454 billion for 91-Day T-bills and 22 bids of BDT 12.7236 billion for 364-Day T-bills were offered. Of those 13 bids of BDT 5.50 billion for 91-Day T-bills and 14 bids of BDT 6.00 billion for 364-Day T-bills were accepted.
The range of implicit yield of the accepted bid was 9.35-9.55 percent and 11.05-11.20 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-19Nov12-1:00 pm (BST)
