Dhaka, Bangladesh (BBN)- The central bank of Bangladesh on Wednesday injected BDT 16.48bn thorough REPO auction and assured liquidity support for keeping the country’s money market stable.
One bid of 1-day tenor amounting to BDT 910 million was received as special REPO and bid of 1-day tenor amounting to BDT 500 million was accepted.
On the other hand, nine PD (primary dealer) and non-PD banks of 1-day tenor amounting total of BDT 15.9795bn were provided as Liquidity Support Facility.
The rate of interest of Special Repo was 10.25 percent but for the Liquidity Support Facility the rate of interest was 7.25 percent.
BBN/SSR/AD-10Apr14-11:33 am (BST)