Yields on T-Bills Remain Unchanged

Last updated: July 7, 2024

Dhaka, Bangladesh (BBN) - The yields on Treasury Bills (T-bills) remained unchanged on Sunday as banks expressed unwillingness to invest their excess liquidity in the short-term securities.

The cut off yield, generally known as interest rate, on the 91-Day T-bills remained unchanged at 11.65 per cent on the day from the previous level while the yield on 182-Day T-bills was stay at 11.80 per cent from the earlier.

“No bid has been accepted from 364 days T-bill auction,” the central said in its auction result.

The government borrowed nearly BDT 77.66 billion against the pre-auction targeted amount of BDT 80 billion through issuing the T-bills on the day to partially meet its budget deficit.

Currently, 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.

Furthermore, five government bonds, with tenures of two, five, 10, 15 and 20 years respectively, are traded on the market.

BBN/SSR/AD

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram