Published on 1/3/2018 in the Prospect News Emerging Markets Daily.
New Issue: Bangladesh auctions TK 5 billion of two-year government treasury bonds
By Sarah Lizee
Olympia, Wash., Jan. 3 – Bangladesh auctioned TK 5 billion of its two-year government treasury bonds with a coupon rate of 5.14% in a re-issue on Tuesday, according to a notice.
The auction drew 38 bids amounting to TK 12,920,500,000, while the pre-targeted auction amount was TK 5 billion. Bangladesh accepted 15 bids for a total of TK 5 billion at a cut-off price of 99.8873.
| Issuer: | Bangladesh
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| Description: | Government treasury bonds
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| Amount: | TK 5 billion
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| Maturity: | Two years
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| Coupon: | 5.14%
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| Cut-off price: | 99.8873
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| Auction date: | Jan. 2
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