Dhaka, Bangladesh (BBN)- The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
One bid of 4-day tenor amounting to BDT 2.87 billion and five bids of 7-day tenor amounting total of BDT 8.03 billion were received and all the bids were accepted, according to auction result.
Moreover, three primary dealers of 7-day tenor amounting total of BDT 6.11 billion and one primary dealer of 4-day tenor amounting to BDT 1.70 billion were provided as Liquidity Support Facility. The rate of interest of REPO and Liquidity Support Facility was 5.50 percent per annum.
BBN/SSR/AD-09Sept10-5:15 pm (BST)
