Dhaka, Bangladesh (BBN) – The central bank of Bangladesh held auctions for 182-Day Treasury bills on March 11where total nine bids amounting total of BDT 3.0 billion were offered against pre-targeted amount of BDT 4.0 billion.
Of those, one bid of BDT 360 million was accepted and BDT 3,640 million was devolved on 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.
The implicit yield of the accepted bid remained unchanged at 11.20 percent, the central bank has said in its auction result.
Currently, three T-bills are being transacted through auctions to adjust the government borrowing from the banking system.
The T-bills have 91-day, 182-day and 364-day maturity periods.
An auction for 10-Year Bangladesh Government Treasury Bonds (BGTB) was held on March 13 this year where 10 bids amounting total of BDT 4.125 billion were offered against pre-targeted amount of BDT 5.50 billion.
Of these, two bids amounting total of BDT 525 million were accepted and BDT 4.975 billion was devolved on PDs.
The coupon rate of the accepted bids increased by 05basis points to 11.40 percent, according to the auction result.
On the other hand, four government bonds – 5-year, 10-year, 15-year and 20-year – are being traded in the markets.
BBN/SSR/AD-17Mar12-6:00 pm (BST)
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