Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.

Seventeen bids of 3-day tenor amounting total of BDT 274.5482 billion were received. Of those, 17 bids amounting total of BDT 20.0367 billion were accepted.

Moreover, 15 primary dealers of 3-day tenor amounting total of BDT 56.2553 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.00 percent per annum.

BBN/SSR/AD-24Apr11-11:44 pm (BST)