New Issue: Bangladesh auctions TK 4.28 billion of government bonds at 7.39%

By Wendy Van Sickle

Columbus, Ohio, May 18 – Bangladesh auctioned TK 4.28 billion of its 10-year government treasury bonds at a coupon rate of 7.39% on Tuesday, according to a notice.

The total volume of 43 bids for the bonds was TK 15.43 billion, while the pre-targeted auction amount was TK 7.5 billion. Eighteen bids were accepted at a cut-off price of 102.3412.

Issuer:	Bangladesh
Description:	Government treasury bonds
Amount:	TK 4.28 billion
Maturity:	10 years
Coupon:	7.39%
Auction date:	May 17

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