Bangladesh Bank withdraws BDT 15.63bn from market

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 15.63 billion from the market through reverse REPO auction on Monday, officials said.

Four bids of 1-day tenor amounting total of BDT 15.63 billion were received and all the bids were accepted. The rate of interest of reverse Repo was 5.25 percent.
 

On the other hand, one bid of 1-day tenor amounting to BDT 920 million was received as Special Repo and bid of 1-day tenor amounting to BDT 500 million was accepted. The rate of interest of Special Repo was 10.25 percent.

BBN/SSR/AD-20May14-12:15 pm (BST)

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