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The government borrowed a total of Tk 11.172 billion (1,117.20 crore) Sunday through the auctions of treasury bills. On the other hand, Tk 10.428 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 744 million from the market in the week.
The net outflow of cash in the market from 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 10.048 billion, Tk 400 million, Tk 500 million, Tk 342 million and Tk 150 million against 28-day, 91-day, 182-day, 364-day and two-day bills respectively.
The central bank, however, accepted the bids worth Tk 10.048 billion, Tk 200 million, Tk 450 million, Tk 324 million and Tk 150 million against 28-day, 91-day, 182-day, 364-day and two-year bills respectively.
The ranges of the implicit yields were respectively 6.70 per cent, 6.85 per cent, 7.00 per cent, 7.05-7.15 per cent and 7.40 per cent per annum.
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