BB withdraws BDT890m, injects BDT 42.46bn Sunday

Last updated: March 16, 2015


Dhaka, Bangladesh (BBN)-The Bangladesh Bank (BB) withdrew BDT 890 million from the market through reverse REPO auction on Sunday, officials said.
Two bids of 1-day tenor amounting total of BDT 890 million 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 42.46 billion in the market providing liquidity support to the banks on the same day.
Twenty-three primary dealer (PD) and non-PD banks of 1-day tenor amounting total of BDT 42.46 billion were provided as Liquidity Support Facility.
The rate of interest of the Liquidity Support Facility was 7.25 percent.
BBN/SSR/AD-16Mar15-12:30pm (BST)

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram