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Govt borrows Tk 4.0b thru' treasury bills

Friday, 26 September 2008


FE Report
The government borrowed Tk 4.00 billion (400 crore) Thursday through auctions of treasury bills. It will result in withdrawal of Tk 4.00 billion from the market in the week.
The central bank conducted auctions of 91-day and 182-day bills on the day.
Bidders offered Tk 5.50 billion and Tk 3.02 billion against 91-day and 182-day bills respectively.
The central bank, however, accepted Tk 2.50 billion and Tk 1.50 billion against 91-day and 182-day bills respectively.
The ranges of the implicit yields against the accepted bills respectively were 7.84 per cent and 8.06 per cent per annum.