Dhaka, Bangladesh (BBN)- Auction of 91-Day and 364-Day Treasury Bills (T-bills) was held on Sunday, officials said.
Total 30 bids of BDT 13.3290 billion for 91-Day T-bills and 37 bids of BDT 17.5504 billion for 364-Day T-bills were offered.
Of those 17 bids of BDT 5.00 billion for 91-Day T-bills and 15 bids of BDT 6.00 billion for 364-Day T-bills were accepted.
The range of implicit yield of the accepted bid was 9.00-9.16 percent and 10.95-11.04 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-03Dec12-11:55 am (BST)