Dhaka, Bangladesh (BBN) - Auction of Five-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Thirteen 13 bids amounting to BDT 4.2150 billion were offered against pre-targeted amount of BDT 5.50 billion. Of those, five bids amounting to BDT 705 million were accepted and BDT 4.7950 billion was devolved on primary dealers (PDs).
The coupon rate of the accepted bids was 11.3000 percent per annum, according to the auction result.
The central bank of Bangladesh earlier selected 15 PDs -- 12 commercial banks and three non-banking financial institutions (NBFIs) -- to deal with government securities in the secondary market.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/AD-07Mar12-8:05 am (BST)
