91 Days BCR
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)
SL
Date
Rate
1
05 September, 2024
11.80%
2
04 September, 2024
11.80%
3
03 September, 2024
11.80%
4
02 September, 2024
11.80%
5
01 September, 2024
11.80%
6
29 August, 2024
11.80%
7
28 August, 2024
11.80%