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The Financial Express

Govt to borrow Tk 73 billion in rest of the month

| Updated: August 19, 2021 09:57:27


Govt to borrow Tk 73 billion in rest of the month

To meet the recurrent spending, the government wants to borrow some Tk 73 billion through treasury bills and bonds during the rest of the ongoing August.

As a part to borrow the money from the financial market, Bangladesh Bank is set to hold an auction of 10-year treasury bond today. Tk 15 billion is targetted to be mobilised by selling the bond.

The auction calendar of the central bank also shows that another bid will be held the next Tuesday (August 24) to sell 15-year treasury bond to collect Tk 5.50 billion and 20-year treasury bond to collect Tk 8.50 billion. In total, Tk 14 billion will be collected through the auction.

Meanwhile, an auction of 91-day and 180-day treasury bills is scheduled to be held tomorrow (August 18) to mobilise Tk 10 billion and Tk 12 billion respectively.

Again, on August 26, the central bank will hold another auction of 91-day and 364-day treasury bills to borrow Tk 10 billion and Tk 12 billion respectively from the market.

 

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