New Issue: Bangladesh auctions TK 6 billion of government bonds at 7.59%

By Wendy Van Sickle

Columbus, Ohio, Oct. 19 – Bangladesh auctioned TK 6 billion of its 10-year government treasury bonds at a coupon rate of 7.59% in a re-issue on Tuesday, according to a notice.

The total volume of 54 bids for the bonds was TK 19 billion, while the pre-targeted auction amount was TK 6 billion. Twenty-two bids were accepted at a cut-off price of 104.2471.

Issuer:	Bangladesh
Description:	Government treasury bonds
Amount:	TK 6 billion
Maturity:	10 years
Coupon:	7.59%
Cut-off price:	104.2471
Auction date:	Oct. 18

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