New Issue: Bangladesh auctions TK 5.87 billion 10-year government treasury bonds

By Wendy Van Sickle

Columbus, Ohio, June 21 – Bangladesh auctioned TK 5.87 billion of its 10-year government treasury bonds with a coupon rate of 7½% in a re-issue on Tuesday, according to a notice.

The auction drew 74 bids amounting to TK 17,629,800,000, while the pre-targeted auction amount was TK 10 billion. Of those, 27 bids were accepted.

Issuer:	Bangladesh
Description:	Government treasury bonds
Amount:	TK 5,869,800,000
Maturity:	10 years
Coupon:	7½%
Auction date:	June 19

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