Bangladesh Bank (BB) has announced that it absorbed a net Tk124.23 crore in liquidity from the banking system through its Open Market Operations (OMO) conducted on Wednesday.
According to the central bank, liquidity management operations on the day were carried out through Central Bank Repo (CB Repo), Islami Banks Liquidity Facility (IBLF), Capital Market Repo (CM Repo) and the Standing Deposit Facility (SDF).
Liquidity absorption amounted to Tk358.09 crore due to the maturity of CB Repo operations, while a further Tk270.52 crore was absorbed through the Standing Deposit Facility. On the other hand, the central bank injected a net Tk166.51 crore through the Islami Banks Liquidity Facility and Tk52 crore through the Capital Market Repo facility.
As a result, Bangladesh Bank recorded a net liquidity absorption of Tk124.23 crore from the banking system at the end of the day.
Bangladesh Bank regularly conducts Open Market Operations as part of its liquidity management framework.
