Dhaka, Bangladesh (BBN) – The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday.
Seven bids of 1-day tenor amounting total of BDT 8.13 billion and 1 bid of 7-day tenor amounting to BDT 660 million were received and all the bids were accepted, according to result.
Moreover, six primary dealers of 1-day tenor amounting total of BDT 7.965 billion were provided as Liquidity Support Facility.
“The rate of interest of REPO and Liquidity Support Facility was 4.50 percent per annum,” a central bank press statement said.
BBN/SI/AD-16Aug10-4:59 pm (BST)