K: Bangladesh Bank, withdrew, BDT 51.82 billion, REPO auction,

M: Bangladesh Bank (BB) withdraws BDT 51.82 billion through reverse REPO auction on Wednesday

Bangladesh Bank withdraws BDT51.82bn from market

Dhaka, Bangladesh (BBN)-The Bangladesh Bank (BB) withdrew BDT 51.82 billion through reverse REPO auction on Wednesday to keep the country’s money market stable, officials said.

Thirteen bids of one-day tenor amounting total of BDT 51.82 billion were received and all the bids were accepted.

The rate of interest of reverse repo was 5.25 percent.

BBN/ANS-21May15-11:20am (BST)

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