Call money rate remains unchanged Tuesday

Last updated: December 7, 2010

Dhaka, Bangladesh (BBN) - The inter-bank call money rate remained almost unchanged on Tuesday due mainly to squeezing of liquidity support by the central bank.

The call rate ranged between 16 percent and 31.50 percent on the day against 15-31 percent of the previous working day. However, most of the deals were settled at rates varying between 20 per cent and 27 per cent, the treasury officials confirmed.

“The call money rate may ease slightly shortly,” a senior treasury official of a commercial bank told BBN in Dhaka without elaborating.

On Tuesday, the central bank received ten bids of one-day tenure, amounting to a total of BDT 21.2873 billion. But the Bangladesh Bank provided BDT 5.3218 billion against the bids, according to the central bank auction result.

BBN/SSR/AD-08Dec10-12:19 am (BST) 

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