Dhaka, Bangladesh (BBN)– The Bangladesh Bank (BB) on Tuesday withdrew BDT 16.85 billion from the market using reverse REPO and 30-day BB bills auctions.
Three bids of 1-day tenor amounting total of BDT 13.85 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.
Besides, two bids amounting total of BDT 3.0 billion were offered and all bids were accepted. The rate of weighted average yield of the accepted bid was 6.75 percent.
On the other hand, the central bank injected BDT 500 million in the market through REPO auction on the same day.
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-30Apr14-11:36 am (BST)