Bangladesh Bank withdraws BDT 26.90bn from market

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 42.40 billion from the market through reverse REPO auction on Sunday, officials said.
 

Eight bids of 1-day tenor amounting total of BDT 26.90 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.
 

On the other hand, only 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. The rate of interest of special REPO was 10.25 percent.
 

BBN/SSR/AD-12May14-11:27 am (BST)

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