Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 21.34 billion from the market through reverse REPO auction on Wednesday, officials said.
Six bids of 1-day tenor amounting total of BDT 21.34 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 injected BDT 500 million in the market through special REPO auction on the same day.
One bid of 1-day tenor amounting to BDT 920 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-29May14-11:15 am (BST)