Dhaka, Bangladesh (BBN) - Auction of 91-Day and 364-Day Treasury Bills (T-bills) was held on Sunday officials said.
Total 12 bids of BDT 4.0950 billion for 91-Day T-bills and 13 bids of BDT 2.2750 billion for 364-Day T-bills were offered.
Of those, 12 bids of BDT 4.0950 billion for 91-Day T-bills and 13 bids of BDT 2.2750 billion for 364-Day T-bills were accepted, the auction result said on Monday.
BDT 405 million and BDT 225 million were distributed among primary dealers for 91-Day T-bills and 364-Day T-bills respectively.
“The rate of the implicit yields of the accepted bids were 10.25 percent and 10.75 percent per annum respectively,” it added.
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-09Jan12-6:13 pm (BST)