Dhaka, Bangladesh (BBN) - The yield on Two-Year BGTBs is likely to remain unchanged today as banks may not express their interest to invest funds in the securities.
The cut off yield, generally known as interest rate, on the BGTBs rose to 12.30 per cent in the immediate past auction from 12.05 per cent earlier.
The government is set to borrow BDT 35 billion through issuing the BGTBs on Tuesday to meet its budget deficit partly.
Currently, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.
Besides, four treasury bills (T-bills) are transacted through auction to adjust government borrowings from the banking system.
The T-bills have 14-day, 91-day, 182-day and 364-day maturity periods.
BBN/SI/AD