Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 52.94 billion from the market through its 30-day bills and reverse REPO auctions on Tuesday, officials said.
Five bids amounting total of BDT 3.1150 billion were offered and all bids were accepted at 30-day BB bills auction. The rate of weighted average yield of the accepted bid was 5.95 percent.
Besides, seven bids of 1-day tenor amounting total of BDT 49.83 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 of Bangladesh injected BDT 300 million in the market through special REPO auction on the same day.
Only one bid of 1-day tenor amounting to BDT 490 million was received as special REPO and bid of 1-day tenor amounting to BDT 300 million was accepted. The rate of interest of special REPO was 10.25 percent.
BBN/SSR/AD-18June14-11:04 am (BST)