Bangladesh Bank withdraws BDT 20.15bn from market

Last updated: May 21, 2014

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 20.1490 billion from the market on Tuesday through issuing its bill and reverse repo auction, officials said.
 

Seven bids amounting to BDT 4.6690 billion were offered at 30-day BB bill auction and all bids were accepted. The rate of weighted average yield of the accepted bid was 6.40 percent.

Besides, four of 1-day tenor amounting total of BDT 15.48 billion were received at reverse repo auction and all the bids were accepted. The rate of interest of reverse repo was 5.25 percent.
 

On the other hand, the central bank injected BDT 500 million through special repo auction on the same day.

BBN/SSR/AD-21May14-9:17 am (BST)

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