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    Dominic Philip Sampson
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    The Bangladesh Compounded Rate (BCR) is a daily reference rate calculated based on the yield of 91-day Treasury bill auctions. The BCR rate is primarily used to set floating rates for government instruments. It is calculated using a formula that compounds the daily Treasury bill rates over 91 days. On March 25, 2021 the BCR rate was 0.55%. The document also lists the current policy rates like the repo rate and special repo rate, as well as reserve requirements for different financial institutions.

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    The Bangladesh Compounded Rate (BCR) is a daily reference rate calculated based on the yield of 91-day Treasury bill auctions. The BCR rate is primarily used to set floating rates for government instruments. It is calculated using a formula that compounds the daily Treasury bill rates over 91 days. On March 25, 2021 the BCR rate was 0.55%. The document also lists the current policy rates like the repo rate and special repo rate, as well as reserve requirements for different financial institutions.

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    1 views1 page

    Rates of BB

    Uploaded by

    Dominic Philip Sampson
    The Bangladesh Compounded Rate (BCR) is a daily reference rate calculated based on the yield of 91-day Treasury bill auctions. The BCR rate is primarily used to set floating rates for government instruments. It is calculated using a formula that compounds the daily Treasury bill rates over 91 days. On March 25, 2021 the BCR rate was 0.55%. The document also lists the current policy rates like the repo rate and special repo rate, as well as reserve requirements for different financial institutions.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Bangladesh Compounded Rate (BCR)

    https://www.bb.org.bd/monetaryactivity/bcr_rate/bcr_rate.php

    91 Days BCR (Bangladesh Compounded Rate) is a daily rate based on the cut-off yield of 91
    days Treasury Bill auction. This is a reference rate which will be primarily used to set the rate
    of floating rate instruments of government. The following formula is applied to calculate the
    rate:

    Where
    C = The compounded rate expressed as an annual rate
    d = The number of days over which to compound (i.e. 91 days)
    ri = The cut off yield of 91 days treasury bill set in auction
    D = The day-count convention (e.g. 365 days)

    The BCR rate was 0.55% on 25 March, 2021

    POLICY RATE
    Repo Rate 4.75%
    Special Repo Rate 7.75%
    Rev Repo Rate 4.00%
    Bank Rate 4.00%

    RESERVE RATIO SLR CRR


    Traditional Banking 13% 4.0%
    Islamic Banking 5.5% 4.0%
    Deposit Taker FIs 5% 1.5%
    Non Deposit Taker FIs 2.5%

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