Bangladesh Bank injects BDT 24.75bn in market

Last updated: August 2, 2014

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) injected BDT 24.75 billion in the market through assured liquidity support and special REPO auction on Thursday, officials said.
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.
Moreover, seven primary dealers (PDs) and non-PD banks of 3-day tenor amounting total of BDT 24.4516 billion were provided as Liquidity Support Facility.
The rate of interest of Special Repo was 10.25 percent but for the Liquidity Support Facility the rate of interest was 7.25 percent.
On the other hand, the central bank withdrew BDT 7.13 billion from the market through reverse REPO and its bills auctions on the same day.
Four bids of 3-day tenor amounting to BDT 5.58 billion was received and all the bids were accepted. The rate of interest of reverse Repo was 5.25 percent.
Two bids amounting total of BDT 1.55 billion were offered and all bids were accepted. The rate of weighted average yield of the accepted bid was 5.25 percent.

BBN/SSR/AD-02Aug14-11:58 am (BST)

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