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The interbank call money rate was steady Sunday in an active market. The market experienced nominal pressure on liquidity despite withdrawal of cash through auction of treasury bills. The lower edge of the call rate moved below the bank rate, fund managers said.
The bank rate is 5.00 per cent.
The government borrowed a total of Tk 6.193 billion ( 619.30 crore) Sunday through the auctions of treasury bills. On the other hand, Tk 4.975 billion will be injected into the market in the week due to maturity of some treasury bills. It will result in a net outflow of Tk 2.180 billion from the market in the week.
The call rate mainly ranged between 4.50 per cent and 15.00 per cent against the Saturday's range between 6.00 per cent and 15.00 per cent. Most deals were held at rates ranged between 8.00 per cent and 12.00 per cent, fund managers said.
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