The government borrowed Tk 12.78 (1278.00 crore) billion Sunday through auctions of treasury bills. On the other hand, Tk 5.137 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 7.643 billion into 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 10.88 billion, Tk 400 million, Tk 370 million, Tk 400 million and Tk 1.80 billion against 28-day, 91-day, 182-day, 364-day and two-year bills respectively.
The central bank, however, accepted Tk 10.88 billion, Tk 100 million, Tk 100 million, Tk 300 million and Tk 1.40 billion against 28-day, 91-day, 182-day, 364-day and two-year bills respectively.
The ranges of the implicit yields respectively were 7.10 per cent, 7.45 per cent, 7.80 per cent, 8.30 per cent and 9.15 per cent per annum.