Dhaka, Bangladesh (BBN) - Auction of Five -Year Bangladesh Government Treasury Bond (GBTB) was held on Tuesday, officials said.
Total 19 bids amounting total of BDT 5.1772 billion were offered against pre-targeted amount of BDT 7.00 billion. Off those, 11 bids amounting total of BDT 1.2544 billion were accepted and BDT 3.0856 billion was distributed among primary dealers (PDs).
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.
BDT 2.66 billion was devolved on Bangladesh Bank (BB). The coupon rate of the accepted bids was 11.4000 percent per annum, 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-09May12-9:05 am (BST)
