Published on 6/12/2018 in the Prospect News Emerging Markets Daily.
New Issue: Bangladesh auctions TK 10 billion five-year government treasury bonds
By Sarah Lizee
Olympia, Wash., June 12 – Bangladesh auctioned TK 10 billion of its five-year government treasury bonds with a coupon rate of 6¼% in a re-issue on Monday, according to a notice.
The auction drew 68 bids amounting to TK 22,416,200,000, while the pre-targeted auction amount was TK 10 billion. Of those, 43 bids were accepted at a cut-off price of 100.375.
| Issuer: | Bangladesh
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| Description: | Government treasury bonds
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| Amount: | TK 10 billion
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| Maturity: | Five years
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| Coupon: | 6¼%
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| Cut-off price: | 100.375
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| Auction date: | June 11
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