New Issue: Bangladesh auctions TK 6.45 billion of government bonds at 6.24%

By Tali Rackner

Norfolk, Va., June 15 – Bangladesh auctioned TK 6.45 billion of its five-year government treasury bonds at a coupon rate of 6.24% on Tuesday, according to a notice.

The total volume of 41 bids for the bonds was TK 14.61 billion, while the pre-targeted auction amount was TK 9 billion. Sixteen bids were accepted at a cut-off price of 98.5.

Issuer:	Bangladesh
Description:	Government treasury bonds
Amount:	TK 6.45 billion
Maturity:	Five years
Coupon:	6.24%
Auction date:	June 14

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