Govt borrows Tk 65.17 billion through t-bond, bill

MNA Business Desk: Through the auction of 2-Year Bangladesh Government Treasury Bond (BGTB) on Tuesday, the government has borrowed Tk 10 billion, reported news agency.

Bangladesh bank conducted the auction where 69 bids amounting to Tk 24.85 billion were offered against a pre-targeted amount of Tk 10 billion.

Of those, 30 bids amounting to Tk 10 billion were accepted. The cut of price of the accepted bids was 99.0599 (Per Tk 100.00, according to a press statement of the central bank.

 At another auction of 7-Day Bangladesh Bank Bill, also held on Tuesday, 12 bids amounting to Tk 55.17 billion were offered and all the bids were accepted. The rate of weighted average yield of the accepted bids was 2.97 per cent per annum.

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