The government increased its borrowing through short-term treasury bills in November, issuing Tk 31,289.13 crore worth of the instruments, a 4.3 percent rise from October, according to data from Bangladesh Bank (BB).
The yield on 10-year bond dropped below 10%
The 50 banks collectively earned Tk 39,958 crore from treasury bonds in 2024, up from Tk 27,626 crore in the previous year, according to an analysis of their audited financial statements.
Banks in Bangladesh are increasing their investments in Treasury bills and bonds to net higher profits from the rising interest rate, a development that has squeezed the availability of loans for borrowers.
Government treasury bills, popularly known as T-bills, have become a lucrative tool to park funds for investors and savers driven by a record spike in yields in recent months.
