Secondary trading of the treasury bills (t-bills) and treasury bonds (t-bonds) declined sharply in the month of April this year.
Central bank statistics showed that total turnover of t-bills and t-bonds declined to Tk 6.50 billion in April from Tk 27.78 billion in March this year.
Banks and financial institutions are the main buyers of these fixed income government securities. T-bills are short-term in nature and t-bonds are long-term.
Bangladesh Bank statistics also showed that total secondary trading of the t-bills and t-bonds in the first 10 months of the current fiscal year stood at Tk 145.01 billion.
The amount was Tk 355.22 billion in the same period of the past fiscal year.
Thus secondary trading of t-bills and t-bonds declined by 59 per cent in the period under review.