Bangladesh Bank to discontinue 14-day repo from July - News Summed Up

Bangladesh Bank to discontinue 14-day repo from July


Bangladesh Bank is set to discontinue the 14-day repo facility from July, limiting liquidity support for commercial banks to just the 7-day term. Currently, auctions are held for both tenors, but from next month, the central bank will run only the 7-day repo auction. The 14-day facility was meant to be withdrawn this month but has now been deferred by a month, according to Bangladesh Bank spokesperson Arief Hossain Khan. “The governor has issued a directive to discontinue the 14-day repo facility,” he told bdnews24.com on Monday. Commenting on the move, Pubali Bank Managing Director Mohammad Ali told bdnews24.com: “Bangladesh Bank wants to strengthen banks’ liquidity management.


Source: bd News24 June 17, 2025 17:54 UTC



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