As banks expressed interest in the risk-free government assets, the yields on Bangladesh Treasury Bills (T-bills) decreased on Sunday. The yield on the 91-day T-bill fell by 10 basis points to 7.25 percent on the same day, while the yield on the 182-day T-bill fell by the same amount to 7.48 percent. The Bangladesh Bank (BB) has not “devolved” from its goal of Tk 250 billion from the treasury bills, nevertheless. According to bankers, this treasury market development indicates that money market liquidity has increased. From a target of Tk 15.0 billion, BB spends Tk 5.1 billion on 182-day securities.
The 182-day bills were bought by commercial banks for Tk 9.9 billion. According to bankers, the auction’s conclusion demonstrated that there was a certain amount of an increase in liquidity. Bangladesh now has five bonds, with terms ranging from 2 years to 20 years, as well as three bills, with terms of 91 days, 182 days, and 364 days. In the current fiscal year, 2022–2023, the government intends to borrow Tk 1.06 trillion from the banking system.
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