Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Eleven bids of 1-day tenor amounting total of BDT 325.3348 billion were received. Of those, all bids amounting total of BDT 3.0191 billion were accepted.
Eleven bids of 7-day tenor amounting total of BDT 54.54 billion were received as special REPO. Of those, 11 bids of 7-day tenor amounting total of BDT 28.10 billion were accepted.
Moreover, 12 primary dealers of 1-day tenor amounting total of BDT 52.9591 billion were provided as Liquidity Support Facility.
The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent but for the special REPO the rate of interest was 9.30 percent.
BBN/SSR/AD-17Nov11-12:57 pm (BST)