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Business & Finance

Central bank takes repos at 6.25pct: Bangladesh

DHAKA : Bangladesh 's central bank said on Sunday it had accepted 18 bids for 22.0087 billion taka ($298 million) of on
Published Updated

centralDHAKA: Bangladesh's central bank said on Sunday it had accepted 18 bids for 22.0087 billion taka ($298 million) of one-day repos at 6.25 percent, at an auction where it injects money into the banking system.

In addition, the central bank said it had provided 60.5339 billion taka to 15 primary dealers in a liquidity support facility for one day at the same rate.

The central bank also accepted 6 bids for 2.25 billion taka as special repos for one day at 8.25 percent.

Copyright Reuters, 2011

 

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