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The interbank call money rate eased Thursday in an active market. The market continued to experience pressure on liquidity despite injection of fresh cash through repurchase agreement. Earlier, the central bank withdrew cash through treasury bills. The interbank call money rate moved above the bank rate, fund managers said.
The bank rate is 5.00 per cent.
The government borrowed a total of Tk 3.7687 billion ( 376.87 crore) Sunday through the auctions of treasury bills and bonds. It borrowed a total of Tk 1.292 billion through the auctions of treasury bills. On the other hand, Tk 1.779 billion was injected into the market in the week due to maturity of some treasury bills. It caused a net inflow of Tk 487 million from the market in the week.
The call rate mainly ranged between 7.00 per cent and 40.00 per cent against previous day's range between 10.00 per cent and 64.00 per cent. Most deals were held at rates ranged between 20.00 per cent and 40.00 per cent, fund managers said.
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