Dhaka, Bangladesh (BBN)- The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Eight bids of 1-day tenor amounting total of BDT13.165 billion and nine bids of 7-day tenor amounting total of BDT16.75 billion were received and all the bids were accepted, according to auction result.
Moreover, four primary dealers of 1-day tenor amounting total of BDT.8.50 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-08Sept10-5:12 pm (BST)
