Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 42.54 billion from the market through reverse REPO auction on Monday, officials said.
Ten bids of 1-day tenor amounting total of BDT 42.54 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 more than BDT 1.03bn in the market through providing liquidity support to the banks on the same day, they added.
Two primary dealers and non-PD banks of 1-day tenor amounting total of BDT 1.0384 billion were provided as liquidity support facility. The rate of interest of the liquidity support facility was 7.25 percent.
BBN/SSR/AD-26Aug14-12:03 pm (BST)