New Issue: Bangladesh auctions TK 9 billion five-year government treasury bonds

By Sarah Lizee

Olympia, Wash., Sept. 12 – Bangladesh auctioned TK 9 billion of its five-year government treasury bonds with a coupon rate of 5.74% in a re-issue on Tuesday, according to a notice.

The auction drew 66 bids amounting to TK 30,215,500,000 while the pre-targeted auction amount was TK 9 billion. Of those, 23 bids were accepted at a cut-off price of 101.2081.

Issuer:	Bangladesh
Description:	Government treasury bonds
Amount:	TK 9 billion
Maturity:	Five years
Coupon:	5.74%
Cut-off price:	101.2081
Auction date:	Sept. 11

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