Dhaka, Bangladesh (BBN)- Auction of 05-Year Bangladesh Government Treasury Bonds (BGTB) were held on Tuesday, officials said.
Of which 16 bids amounting total of BDT 5.2539 billion were offered against pre-targeted amount of BDT 7.00 billion. Of those, six bids amounting total of BDT 703.40 billion was accepted and BDT 2.7966 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.
Accordingly, BDT 3.50 billion was devolved on Bangladesh Bank. The coupon rate of the accepted bid was 11.4500 percent.
Currently, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the markets.
BBN/SSR/AD-06June12-9:29 am (BST)
