Dhaka, April 15 -- Bangladesh Bank has introduced its first-ever transaction-based reference rates to provide a clear indicator of prevailing interest rates across the financial sector.

The central bank released the inaugural figures on Wednesday, with the one-day Bangladesh Overnight Financing Rate (BOFR) fixed at 10.42 percent and the Dhaka Overnight Money Market Rate (DOMMR) at 10.09 percent.

The move marks the beginning of a daily publication schedule intended to inform the market about interest rate trends from the previous day's transactions.

The BOFR was calculated based on 32 interbank repo transactions worth Tk 34.23 billion from the previous day, while the DOMMR was derived from 45 unsecured money market deals involving Tk 22...