Dhaka, Bangladesh (BBN)– The Bangladesh Bank (BB) injected BDT 28.97 billion in the market providing liquidity support to the banks on Tuesday, officials said.

 

Twenty primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 28.9667 billion were provided as Liquidity Support Facility.

 

The rate of interest of the Liquidity Support Facility was 7.25 percent, according to the auction result.

 

On the other hand, the central bank withdrew BDT 3.84 billion from the market using reverse REPO auction on the same day.

 

Three bids of 1-day tenor amounting total of BDT 3.84 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

 

BBN/SSR/AD-04Feb14-10:48 am (BST)