Bangladesh Bank withdraws BDT 21.54bn from market

Last updated: July 19, 2014

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 21.5380 billion from the market through its 30-day bills and reverse REPO auctions on Thursday, officials said.

Two bids amounting total of BDT 1.1680 billion were offered and all bids were accepted at 30-Day BB bills auction. The rate of weighted average yield of the accepted bid was 5.25 percent.

Besides, seven bids of 3-day tenor amounting total of BDT 20.37 billion were received 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 300 billion in the market through special REPO auction on the same day, they added.

One bid of 3-day tenor amounting to BDT 500 million was received as special REPO and bid of 3-day tenor amounting to BDT 300 million was accepted. The rate of interest of special REPO was 10.25 percent.

BBN/SSR/AD-19JUly14-11:04 am (BST)

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