Bangladesh Bank injects BDT 7.47bn in market

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) injected BDT 7.466 billion in the market on Sunday through special REPO auction and assured liquidity support to the banks, officials said.
 

One bid of 2-day tenor amounting to BDT 910 million was received as special REPO and bid of 2-day tenor amounting to BDT 500 million was accepted.
 

Moreover, 5 PD (primary dealer) and non-PD banks of 2-day tenor amounting total of BDT 6.9660 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-14Apr14-11:47 am (BST)

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