New Issue: Bangladesh reopens 15-, 20-year treasury bonds for TK 9.77 billion

By Wendy Van Sickle

Columbus, Ohio, Dec. 28 – Bangladesh auctioned TK 5.57 billion of its 8.44% 15-year government treasury bonds and TK 4.21 billion of its 8.7% 20-year government treasury bonds in a reopening on Tuesday, according to two notices.

For the 15-year bonds, 29 bids totaling TK 13,019,000,000 were received for the targeted amount of TK 8 billion.

Of this amount, 14 bids totaling TK 5,565,000,000 were accepted at a cut off price of 103.5352.

Meanwhile, the 20-year bonds garnered 30 bids amounting to a total of TK 10,444,000,000 for the targeted amount of TK 6 billion.

Bangladesh accepted 18 bids for a total of TK 4,207,000,000 at a cut off price of 103.3047.

Issuer:	Bangladesh
Description:	Government treasury bonds
Amount:	TK 9,772,000,000
Auction date:	Dec. 26
15-year bonds
Amount:	TK 5,565,000,000
Maturity:	15 years
Coupon:	8.44%
Cut-off price:	103.5352
20-year bonds
Amount:	TK 4,207,000,000
Maturity:	20 years
Coupon:	8.7%
Cut-off price:	103.3047

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