Dhaka, Bangladesh (BBN)-The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Six bids of 3-day tenor amounting total of BDT8.09 billion and 1 bid of 7-day tenor amounting to BDT 250 million were received and all the bids were accepted, according to auction result.
Moreover, two primary dealers of 3-day tenor amounting total of BDT 2.85 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-02Sept10-5:19 pm (BST)
