The government borrowed a total of Tk 10.686 billion (1068.60 crore) Sunday through the auctions of treasury bills. On the other hand, Tk 8.593 billion will be injected into the market in the week due to maturity of some treasury bills. It will result in a net outflow of Tk 2.093 billion from the market in the week.
The net outflow of cash from the market is expected to increase pressure on liquidity, the fund managers said.
The auction of the 28-day, 91-day, 182-day, 364-day and two-year treasury bills was held on the day.
Bidders offered Tk 9.561 billion, Tk 130 million, Tk 65 million and Tk 1.01 billion against 28-day, 91-day, 364-day and two-year bills respectively.
The central bank, however, accepted the bids amounting to Tk 9.561 billion, Tk 100 million, Tk 65 million and Tk 960 million against 28-day, 91-day, 364-day and two-year bills respectively.
The ranges of the implicit yields respectively were 6.75-6.90 per cent, 7.00 per cent, 7.20-7.25 per cent and 7.75 per cent per annum.