New Issue: Bangladesh auctions TK 6.93 billion of government bonds at 7.39%

By Tali Rackner

Norfolk, Va., June 22 – Bangladesh auctioned TK 6,928,000,000 of its 10-year government treasury bonds at a coupon rate of 7.39% on Tuesday, according to a notice.

The total volume of 51 bids for the bonds was TK 18,630,500,000, while the pre-targeted auction amount was TK 8.5 billion. Sixteen bids were accepted at a cut-off price of 100.6721.

Issuer:	Bangladesh
Description:	Government treasury bonds
Amount:	TK 6,928,000,000
Maturity:	10 years
Coupon:	7.39%
Auction date:	June 21

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