Dhaka, Bangladesh (BBN)– The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.

Seventeen bids of 1-day tenor amounting total of BDT 192.8959 billion were received. Of those, 17 bids amounting total of BDT.32.4696 billion were accepted.

Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 45.9061 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-17Jan11-9:58 pm (BST)