Dhaka, Bangladesh (BBN) - The inter-bank call money market remained steady this week as the central bank injected fresh fund continuously in the market to keep it stable, treasury officials said.
The call rate ranged between 6.00 percent and 8.00 percent throughout the week
“The Bangladesh Bank (BB), the country’s central bank, continued its liquidity support to the primary dealers (PDs) and also kept repurchase agreement (REPO) and reverse REPO window open to all scheduled banks which helped to keep the market stable,” a senior treasury official of a commercial bank told BBN in Dhaka.
He also said the existing trend of call money rates may continue in the next week.
The central bank of Bangladesh earlier selected 15 PDs - 12 banks and three non-banking financial institutions (NBFIs) - to deal in government securities in the secondary market.
BBN/SSR/AD-02Dec11-1:09 pm (BST)