Bangladesh, Nov. 20 -- The increase in issuance of T-bonds and T-bills propelled their yield curves upward in last fiscal year (FY), 2018-19, according to the Bangladesh Bank (BB) statistics.
Yield curve has direct relationship with issuance of treasury securities at a given time. It also helps increase the yield rates of such securities in the market.
In FY 19, the government had borrowed more through issuance of treasury bills and bonds over the previous FY.
It means that the government had much appetite for funds for its budget implementation, experts told the FE.
The net issuance of T-bonds was Tk 198.64 billion in 2018-19, up by 300 per cent over the previous FY, according to the central bank.
On the other hand, the net worth of T...