Dhaka, Bangladesh (BBN) - The revised bank borrowing target of the government for the current fiscal year (FY) ending June next came into effect from Sunday, officials said.
A Treasury bills (T-bills) auction will take place on the day with total issuances of the bills worth BDT 1.10 billion as per the central bank’s latest auction calendar.
The Bangladesh Bank (BB) on Thursday issued the revised auction calendar and asked all primary dealers (PDs) to follow the calendar of treasury bills (T-bills) and bond auctions for the last quarter of FY 2011-12.
The central bank earlier selected 15 PDs -- 12 banks and three non-banking financial institutions (NBFIs) -- to deal with government securities in the secondary market.
BBN/SSR/AD-01Parl12-11:30 am (BST)
