Dhaka, Dec. 9 -- Government bank borrowing goes ballooning with the fundraising through special auction of bonds and bills to pay for five-in-one Sammilito Islami Bank and possible liquidation of nine hard-up nonbanks.

To meet the fresh financing challenges, amid less-than-expected level of revenue-mobilisation drives, the Ministry of Finance (MoF) keeps holding special auction of government securities (G-sec) going beyond the regular schedule through which it is borrowing from the banking sector.

As part of the move to foot the bill for bailout of the banks and non-bank financial institutions (NBFIs) pushed into problems through past malpractices, the ministry has called for a special auction of 91-day- tenure treasury bill today (Wedn...