Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 9.68 billion from the market through reverse REPO auction on Tuesday, officials said.
Four bids of 1-day tenor amounting total of BDT 9.68 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 765 million in the market using liquidity support facility to the banks on the same day.
A primary dealer (PD) bank of 1-day tenor amounting to BDT 765 million was provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent.
BBN/SSR/AD-02Dec14-11:56 pm (BST)