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- In case of devolvement on PD and non-PD banks it has been decided that Bangladesh Bank will devolve at a yield which is the arithmetic mean of yields quoted in all bids submitted by the primary dealers(PDs), non-PD banks and other financial institutions (through PDs) in Bangladesh Government Treasury Bond(BGTB) auction, excluding ‘outliers’.
- ‘Outlier bids’ in a specific BGTB auction are those bids that are submitted by ten basis points gap(above or below) from the cut-off rate decided in the previous auction of the BGTB for the same.
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