Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
Sixteen bids of 1-day tenor amounting total of BDT 20.6275 billion were received and all the bids were accepted. Moreover, 12 primary dealers were provided total of BDT 27.5069 billion as liquidity support facility of 1-day tenor.
“The rate of interest of REPO and Liquidity Support Facility was 5.50 percent per annum,” a central bank press statement said.
BBN/SSR/SI-14Nov10-6:40 pm (BST)