Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 16.87 billion from the market through reverse REPO auction on Monday, officials said.
Five bids of 1-day tenor amounting total of BDT 16.87 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 10.54 billion in the market providing liquidity support to the banks on the same day.
Thirteen primary dealer (PD) and non-PD banks of 1-day tenor amounting total of BDT 10.5363 billion were provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent.
BBN/SSR/AD-25Nov14-11:48 am (BST)