Dhaka, Bangladesh (BBN) - The yield on 15-Year BGTBs and 20-Year BGTBs remained unchanged on Tuesday as banks expressed unwillingness to invest their liquidity in the long-term securities.
The cut off yield, generally known as interest rate, on the 15-Year BGTBs remained unchanged at 12.65 per cent on the day from the previous level while the yield on the 20-Year BGTBs was stayed unchanged at 12.75 per cent from the earlier level.
The government borrowed nearly BDT 10.97 billion instead of BDT 20 billion pre-auction target through issuing the treasury bonds on the day to partially meet its budget deficit, according to the auction result.
Currently, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.
On the other hand, four 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/SSR/AD