BB withdraws BDT17.73bn, injects BDT1.86bn Sunday

Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 17.73 billion from the market through reverse REPO auction on Sunday, officials said.

Five bids of 1-day tenor amounting total of BDT 17.73 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 1.86bn in the market using liquidity support facility to the banks on the same day.

Five primary dealer (PD) and non-PD banks of 1-day tenor amounting total of BDT 1.8581 billion were provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent.

BBN/SSR/AD-01Dec14-11:39 am (BST)

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