Dhaka, Bangladesh (BBN)- The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
Nine bids of 1-day tenor amounting total of BDT 10.775 billion were received and all the bids were accepted, according to auction result.
Moreover, three primary dealers of 1-day tenor amounting total of BDT6.05 billion were provided as Liquidity Support Facility. The rate of interest of REPO and Liquidity Support Facility was 5.50 percent per annum.
BBN/SI/AD-05Sept10-5:06 pm (BST)