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Repo exit sends treasury yields soaring - The New Nation
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Repo exit sends treasury yields soaring - The New Nation
Staff Reporter : Interest rates on treasury bills and bonds have risen sharply, reaching as high as 12 per cent, following the Bangladesh Bank’s discontinuation of its 28-day repo facility – a move that has tightened liquidity within the banking system and made financial institutions more cautious about investing in government securities. According to recent data from the Bangladesh Bank, the yield on treasury bills rose to 12 per cent during th…
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