Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 26.77 billion from the market through reverse REPO on Sunday, officials said.
Seven bids of 1-day tenor amounting total of BDT 26.77 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.
On the other hand, the central bank injected fund worth BDT 2.96 billion in the market through providing assured liquidity support to the banks on the same day.
Ten primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 2.9596 billion were provided as liquidity support facility. The rate of interest of the liquidity support facility was 7.25 percent.
BBN/SSR/AD-01Sept14-9:18 am (BST)