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He also says the government borrowing from the country's banking system normally increases in December and June each fiscal year (FY), in relation to half-yearly and yearly closings. "We expect that the position on the government accounts will come into positive level again from negative one after depositing the amount of the latest higher borrowings with the accounts," a senior official familiar with government debt-management activities told the FE Monday. The government borrowed more than double on Sunday through issuing two types of treasury bills (T-bills)-91-day and 364-day ones- to meet its budget deficit partly.Ī total of Tk 66.81 billion was borrowed on the day instead of pre-auction target at Tk 25 billion through issuing the T-bills, according to the officials.Įarlier on December 02, the government borrowed Tk 38.88 billion through issuing T-bills against pre-auction target at Tk 25 billion on the same ground.
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The government paid Tk 45 billion on December 05 against maturity of the BGTBs.