By Tali Rackner
Norfolk, Va., Feb. 24 – Bangladesh auctioned TK 500 million of its 15-year government treasury bonds at a coupon rate of 8.44% and TK 500 million of its 20-year government treasury bonds at a coupon rate of 8.7% on Tuesday, according to a notice.
The total volume of 23 bids for the 15-year bonds was TK 2.63 billion, while the pre-targeted auction amount was TK 500 million. Seven bids were accepted at a cut-off price of TK 109.1718.
The total volume of 21 bids for the 20-year bonds was TK 2.47 billion, while the pre-targeted auction amount was TK 500 million. Eight bids were accepted at a cut-off price of TK 109.5069.
| Issuer: | Bangladesh
|
| Description: | Government treasury bonds
|
| Amount: | TK 1 billion
|
| Auction date: | Feb. 23
|
|
|
| 15-year bonds
|
| Amount: | TK 500 million
|
| Maturity: | 15 years
|
| Coupon: | 8.44%
|
| Cut-off price: | TK 109.1817
|
|
|
| 20-year bonds
|
| Amount: | TK 500 million
|
| Maturity: | 20 years
|
| Coupon: | 8.7%
|
| Cut-off price: | TK 109.5069
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
