Regulatory Alerts2011-04-26
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MPD Circular No. 02 : Refixing Repo and reverse Repo interest rates of Bangladesh Bank
The existing Repo and reverse Repo interest rates are raised by 25 basis points and re-fixed at 6.25 percent and 4.25 percent, respectively, up from 6.00 percent and 4.00 percent. This instruction applies to all Scheduled Banks and Financial Institutions in Bangladesh. The changes come into force from April 27, 2011.
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department MPD Circular No- 02 Date: 26 April 2011 13 Boishakh 1418 Managing Directors/ Chief Executives All Scheduled Banks and Financial Institutions in Bangladesh Dear Sir, Refixing Repo and reverse Repo interest rates of Bangladesh Bank The existing Repo and reverse Repo rate of interest of Bangladesh Bank have been raised by 25 basis points and re-fixed at 6.25 percent and 4.25 percent respectively from the rates of 6.00 percent and 4.00 percent. This instruction shall come into force from April 27, 2011. Sincerely yours,
Sd/- (Begum Sultana Razia) General Manager Phone: 9564119
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