BB withdraws BDT 18.89bn, injects BDT 4.97bn Wednesday

Dhaka, Bangladesh (BBN)– The Bangladesh Bank (BB) withdrew BDT 18.89 billion from the market using reverse REPO auction on Wednesday, officials said.

Five bids of 1-day tenor amounting total of BDT 18.89 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 4.974 billion in the market through providing liquidity support to the banks on the same day.

Ten primary dealer (PD) and non-PD banks of 1-day tenor amounting total of BDT 4.9740 billion were provided as Liquidity Support Facility.

The rate of interest of the Liquidity Support Facility was 7.25 percent.

BBN/SSR/AD-27Nov14-1:03 am (BST)

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