Regulatory Alerts2011-06-14
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MPD Circular No. 03 : Refixation of Repo and Reverse Repo interest rates of Bangladesh Bank
The existing Repo and Reverse Repo interest rates of Bangladesh Bank are increased and re-fixed at 6.75 percent and 4.75 percent, respectively, up from the previous rates of 6.25 percent and 4.25 percent. This instruction applies to all scheduled banks and financial institutions in Bangladesh and comes into force from June 15, 2011.
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department MPD Circular No-03 Date: Managing Directors/Chief Executives All Scheduled Banks and Financial Institutions in Bangladesh Dear Sir, Revising Repo and Reverse Repo interest rates of Bangladesh Bank The existing Repo and reverse Repo rate of interest of Bangladesh Bank have been increased and re-fixed at 6.75 percent and 4.75 percent respectively from the rates of 6.25 percent and 4.25 percent. This instruction shall come into force from June 15, 2011. Sincerely yours, Sd/- (Begum Sultana Razia) General Manager Phone: 9564119
31 Joishtho 1418 14 June 2011
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