Bangladesh Bank injects BDT 6.54bn in market

Last updated: April 21, 2014

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) on Sunday injected BDT 6.54 billion trough special REPO auction and assured liquidity support to the banks, officials said.
 

One bid of 1-day tenor amounting to BDT 910 million was received as special Repo and bid of 1-day tenor amounting to BDT 500 million was accepted. Moreover, four PD (primary dealer) and non-PD banks of 1-day tenor amounting total of BDT 6.0360 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.
 

BBN/SSR/AD-21 Apr14-9:05 am (BST)

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram