Secondary trading of t-bills, bonds drop 62pc in Jan-Aug

Secondary trading of treasury bills and treasury bonds dropped sharply in the first eight months of the current calendar year, according to the latest statistics of the central bank.

It showed that value of the secondary transactions of t-bills and t-bonds dropped to Tk 84.01 billion in January-August period of 2018. The value was Tk 219.39 billion in the same period of the past year.

Thus secondary trading of t-bills and t-bonds dropped by 62 per cent during the period under review.

The transaction was lowest in the month of June this year when t-bills and bonds worth Tk 1.16 billion were traded in the secondary market.

T-bills are short term fixed government securities while t-bonds are long-term securities. Government uses the securities to borrow from the financial market.