Bangladesh Bank provides BDT2.65bn liquidity support to banks

Dhaka, Bangladesh (BBN) – The Bangladesh Bank (BB) provided BDT 2.6482 billion liquidity support to the banks on Tuesday, officials said.
Two primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 2.6482 billion were provided as Liquidity Support Facility.
The rate of interest of the Liquidity Support Facility was 7.25 percent, according to the central bank’s statement.

Besides, the central bank injected BDT 3.0 billion in the market through REPO auction on the same day but the BB withdrew the same amount of money through its 30-day bills.

BBN/SSR/AD-24Sept14-10:08 am (BST)

No Subscription? You Are Missing Out!

Join the business leaders of Bangladesh who rely on BBN's original reporting and in-depth analysis on business scenario of the country. We send only one daily email. No Spam Guaranteed!

Your Name (optional)

Your Email (Required) *

Subscribe

Please check your email and confirm your subscription