Bangladesh Bank provides BDT 85.98bn liquidity support to banks

Last updated: October 2, 2014

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) provided more than BDT 85.98 billion liquidity support to the banks on Wednesday to keep the money market stable, officials said.

Twenty nine primary dealer (PD) and non-PD banks of 1-day tenor amounting total of BDT.85.9822 billion were provided as Liquidity Support Facility.
The rate of interest of the Liquidity Support Facility was 7.25 percent, the central bank said.

Earlier on Tuesday, the BB provided funds worth BDT 64.61 billion through the same mechanism, according to the central banker.

BBN/SSR/AD-02Oct14-10:32 am (BST)

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