Dhaka, Bangladesh (BBN)- Auction of 5-Year Bangladesh Government Treasury Bond was held on Tuesday, the central bank said in a press statement.
Of which 17 bids amounting to BDT 5.34 billion were offered. Of those, eight bids amounting to BDT 2.24 billion (including three noncompetitive bids amounting to BDT 790 million) were accepted and BDT 1.76 billion was devolved on Primary Dealers (PDs).
The central bank of Bangladesh earlier selected nine PDs – eight banks and a non-banking financial institution (NBFI) – to handle government-approved securities.
The coupon rate of the accepted bids was 10.6000 per cent per annum, according to the statement.
BBN/SI/SS/AD-18November08-7:40 PM (BST)