Dhaka, Bangladesh (BBN)-The Bangladesh Bank (BB) withdrew BDT 154.93 billion through reverse REPO auction on Monday to keep the country’s money market stable, officials said.
Twenty-four bids of one-day tenor amounting total of BDT 154.93 billion were received and all the bids were accepted.
The rate of interest of reverse repo was 5.25 percent.
On the other hand, Bangladesh on Sunday withdrew BDT 147.85 billion using the same tools.
A total of twenty-one bids of one day tenor amounting total of 147.85 billion were received and all the bids were accepted.
The rate of interest of reverse REPO was 5.25 percent.
BBN/AD/SS