Dhaka, Bangladesh (BBN)-The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Three bids of 1-day tenor amounting total of BDT 3.21 billion and 1 bid of 7-day tenor amounting to BDT 300 million were received and all the bids were accepted, according to auction result.
Moreover, 1 primary dealers of 1-day tenor amounting to BDT 1.72 billion was provided as Liquidity Support Facility. The rate of interest of REPO and Liquidity Support Facility was 5.50 percent per annum.
BBN/SI/AD-30Aug10-4:43 pm (BST)
