Regulatory Alerts2012-01-05
Added · Updated
MPD Circular No. 01: Re-fixation of Repo and Reverse Repo interest rates
The existing Repo and reverse Repo interest rates are raised to 7.75 percent and 5.75 percent, respectively, up from the previous rates of 7.25 percent and 5.25 percent. This instruction applies to all scheduled banks and financial institutions in Bangladesh. The revised rates come into effect on January 8, 2012.
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department MPD Circular No-01 Date: Managing Directors/Chief Executives All Scheduled Banks and Financial Institutions in Bangladesh Dear Sir, Re-fixation of Repo and Reverse Repo interest rates of Bangladesh Bank The existing Repo and reverse Repo rate of interest of Bangladesh Bank have been raised and re-fixed at 7.75 percent and 5.75 percent respectively from the rates of 7.25 percent and 5.25 percent. This instruction shall come into effect from January 8, 2012. Sincerely yours, Sd/- (Begum Sultana Razia) General Manager Phone: 9564119
22 Poush 1418 5 January 2012
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