Regulatory Alerts2016-01-14
Added · Updated
Re-fixation of Repo and Reverse Repo interest rates
The existing Repo and Reverse Repo interest rates are reduced by 50 basis points, re-fixed at 6.75 percent and 4.75 percent respectively 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 force from January 14, 2016.
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 rates of interest of Bangladesh Bank have been reduced by 50 basis points and re-fixed at 6.75 percent and 4.75 percent respectively from the rates of 7.25 percent and 5.25 percent. This instruction shall come into force from January 14, 2016. Yours Sincerely, (Md. Abdur Rouf) General Manager Phone: 9564119 1 Magh 1422 14 January 2016
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