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Published on 3/14/2018 in the Prospect News Emerging Markets Daily.

New Issue: Bangladesh auctions TK 4 billion of five-year 5.94% treasury bonds

By Sarah Lizee

Olympia, Wash., March 14 – Bangladesh auctioned TK 4 billion of its 5.94% five-year government treasury bonds in a re-issue on Tuesday, according to a notice.

Bangladesh received 41 bids totaling TK 16,745,400,000 for the targeted amount of TK 4 billion.

Of this amount, 15 bids totaling TK 4 billion were accepted at a cut-off price of 100.134.

Issuer:Bangladesh
Description:Government treasury bonds
Amount:TK 4 billion
Maturity:Five years
Coupon:5.94%
Cut-off price:100.134
Auction date:March 13

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