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
28 February, 2021
0.54%
2
25 February, 2021
0.55%
3
24 February, 2021
0.55%
4
23 February, 2021
0.56%
5
22 February, 2021
0.56%
6
19 February, 2021
0.58%
7
18 February, 2021
0.59%