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

Sixteen bids of 3-day tenor amounting total of BDT 301.9716 billion were received. Of those, all bids amounting total of BDT 20.0067 billion were accepted.

Moreover, 15 primary dealers of 3-day tenor amounting total of BDT 64.7072 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.25 percent per annum.

BBN/SSR/AD-19May11-6:27 pm (BST)