Dhaka, Bangladesh (BBN)-The Bangladesh Bank (BB) withdrew BDT 16.86 billion from the market through reverse REPO auction on Thursday, officials said.
Seven bids of three-day tenor amounting total of BDT 16.86 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 also injected BDT 2.55 billion in the market using liquidity support facility to the banks on the same day.
Primary dealer (PD) bank of three-day tenor amounting total of BDT 2.55 billion were provided as Liquidity Support Facility.
The rate of interest of the Liquidity Support Facility was 7.25 percent.