Dhaka, Bangladesh (BBN) - The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Ten bids of 2-day tenor amounting total of BDT13.05 billion and 2 bids of 7-day tenor amounting total of BDT 800 million were received and all the bids were accepted, according to auction result.
Moreover, six primary dealers of 2-day tenor amounting total of BDT 13.10 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-06Sept10-4:48 pm (BST)
