Dhaka, Bangladesh (BBN) - Auction 05-Year Bangladesh Government Treasury Bonds (BGTB) was held on Tuesday, officials said.
Of which 20 bids amounting total of BDT 5.70 billion were offered against pre-targeted amount of BDT 7.00 billion. Of those, 11 bids amounting total of BDT 1.26 billion were accepted and BDT 3.08 billion was devolved on primary dealers (PDs) and BDT 2.66 billion was devolved on the Bangladesh Bank.
The coupon rate of the accepted bids was 11.3700 percent, according to the auction result.
The Bangladesh Bank (BB) earlier selected 15 PDs -- 12 commercial banks and three non-banking financial institutions (NBFIs) -- to deal with government securities in the secondary market.
The coupon rate of the accepted bids was 12.0300 percent, according to the auction result.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/AD-04Apr12-11:00 am (BST)