Dhaka, Bangladesh (BBN) - The Bangladesh Bank (BB) injected fresh funds worth BDT 18.73 billion proving liquidity support to the banks on Tuesday, officials said.
Seventeen primary dealer (PD) and non-PD banks of 1-day tenor amounting total of BDT 18.73 billion were provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent.
On the other hand, the central bank withdrew BDT 10.51 billion from the market using reverse REPO auction on the same day.
Four bids of 1-day tenor amounting total of BDT 10.51 billion were received and all the bids were accepted. The rate of interest of reverse Repo was 5.25 percent.
BBN/SSR/AD-19Nov14-8:29 am (BST)