Regulatory Alerts2011-09-04
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MPD Circular No. 4: Refixation of Repo and Reverse Repo interest rates of Bangladesh Bank
Bangladesh Bank raises its Repo and Reverse Repo interest rates to 7.25 percent and 5.25 percent, respectively, up from the previous rates of 6.75 percent and 4.75 percent. This instruction applies to all Scheduled Banks and Financial Institutions in Bangladesh. The revised rates come into force on September 05, 2011.
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department MPD Circular No- 04 Date: 4 September 2011 20 Bhadro 1418 Managing Directors/ Chief Executives All Scheduled Banks and Financial Institutions in Bangladesh Dear Sir Refixation 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 7.25 percent and 5.25 percent respectively from the rates of 6.75 percent and 4.75 percent. This instruction shall come into force from September 05, 2011. Sincerely yours,
Sd/- (Begum Sultana Razia) General Manager Phone: 9564119
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