Regulatory Alerts2012-10-03
Added · Updated
DMD Circular No. 09: Calculation of applicable yield for devolvement in Treasury bond auction
Bangladesh Bank will devolve Treasury bonds at a yield calculated as the arithmetic mean of yields quoted in all bids submitted by primary dealers, non-PD banks, and other financial institutions, excluding outlier bids. Outlier bids are defined as those submitted with a gap of ten basis points above or below the cut-off rate decided in the previous auction of the same Treasury bond. This procedure applies to devolvements on both PD and non-PD banks.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share