Govt borrows Tk 9 billion thru' treasury bills
Monday, 3 September 2007
FE Report
The government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.
The central bank conducted auctions of 28-day, 91-day, 182-day bills and 364-day bills on the day.
Bidders offered Tk 13.10 billion, Tk 2.41 billion, Tk 1.19 billion and Tk 1.315 billion against the 28-day, 91-day, 182-day and 364-day bills respectively.
The central bank, however, accepted Tk 5.00 billion, Tk 400 million, Tk 280 million and Tk 315 million against the 28-day, 91-day, 182-day and 364-day bills respectively.
Besides, Tk 1.60 billion, Tk 720 million and Tk 685 million were devolved to Primary Dealers respectively for 91-day, 182-day and 364-day bills respectively.
The ranges of the implicit yields against the accepted bills respectively were 7.29-7.30 per cent, 7.62 per cent, 7.88-7.90 per cent and 8.48 per cent per annum.
The government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.
The central bank conducted auctions of 28-day, 91-day, 182-day bills and 364-day bills on the day.
Bidders offered Tk 13.10 billion, Tk 2.41 billion, Tk 1.19 billion and Tk 1.315 billion against the 28-day, 91-day, 182-day and 364-day bills respectively.
The central bank, however, accepted Tk 5.00 billion, Tk 400 million, Tk 280 million and Tk 315 million against the 28-day, 91-day, 182-day and 364-day bills respectively.
Besides, Tk 1.60 billion, Tk 720 million and Tk 685 million were devolved to Primary Dealers respectively for 91-day, 182-day and 364-day bills respectively.
The ranges of the implicit yields against the accepted bills respectively were 7.29-7.30 per cent, 7.62 per cent, 7.88-7.90 per cent and 8.48 per cent per annum.