Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 2.39% (Jul 12 ’18) 2.63% (Jul 05 ’18) 0.24% Call Money Lending (Crore BDT) 5,773.25 (Jul 12 ’18) 5,201.65 (Jul 05 ’18) 10.99% Prices Weighted Average Deposit Rate 5.51% (May ’18) 5.43% (Apr ’18) 0.08% Weighted Average Lending

Transshipment deal with India likely this month Bangladesh and India are expected to sign this month the much-talked-about transshipment agreement that would allow the latter to use Chittagong and Mongla ports to transport goods to its north-eastern states. The bilateral deal is expected to be signed during the shipping secretary-level

Forex dealers call for cautious LC opening Bangladesh Foreign Exchange Dealers’ Association (BAFEDA) will urge its member banks to be cautious about opening letters of credit (LCs) for import, considering the overall forex market situation. The demand for the US dollar is increasing gradually, mainly due to higher import payments,

Govt’s borrowing from Banks almost half of its plan The Government’s Bank borrowing last fiscal year was almost half of what it had planned to, thanks to its lower development expenditure and higher sales of national savings certificates, much to the relief of the cash-strapped Banking sector. In fiscal 2018-19,

ICB raises Tk 7.5b from subordinated bonds The Investment Corporation of Bangladesh (ICB) has so far raised Tk 7.50 billion from the issuance of subordinated bonds floated as part of its market supportive measures. The state-run corporation is expected to raise Tk 20 billion by offering the subordinated bonds. Of