Dhaka, Bangladesh (BBN)- The Bangladesh Bank withdrew BDT 12.04 billion from the market through reserve REPO auction on Wednesday, officials said.
Four bids of 1-day tenor amounting total of BDT 12.04 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 8.03 billion in the market providing liquidity support to the banks on the same day.
Nine primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 8.0309 billion were provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent.
BBN/SSR/AD-26Feb15-10:44 am (BST)