Bangladesh Bank withdraws BDT19.05bn from market

Dhaka, Bangladesh (BBN) – Bangladesh Bank (BB) withdrew BDT 19.05 billion from the market through reverse REPO auction on Wednesday.
 

Five bids of 1-day tenor amounting total of BDT 19.05 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 500 million in the market through special 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-08May14-10:56 am (BST)

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