Regulatory Alerts2011-03-10
Added · Updated
Re-fixing Repo and reverse Repo interest rates of Bangladesh Bank
Bangladesh Bank raises its existing Repo and reverse Repo interest rates by 0.5 percentage points, re-fixing them at 6.0 percent and 4.0 percent respectively. This change applies to all scheduled banks and financial institutions in Bangladesh. The instruction comes into force from March 13, 2011.
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department MPD Circular No- 01 Date: 10 March 2011 26 Falgun 1417 Managing Directors/ Chief Executives All Scheduled Banks and Financial Institutions in Bangladesh Dear Sir, Re-fixing 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 0.5 percentage points and re-fixed at 6.0 percent and 4.0 percent respectively from the rates of 5.5 percent and 3.5 percent. This instruction shall come into force from March 13, 2011. Sincerely yours,
Sd/- (Begum Sultana Razia) General Manager Phone: 9564119
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