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.