Dhaka, Bangladesh (BBN)- The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Four bids of 1-day tenor amounting total of BDT 4.96 billion and three bids of 7-day tenor amounting total of BDT 1.74 billion were received and all the bids were accepted, according to result.
Moreover, four primary dealers of 1-day tenor amounting total of BDT 3.96 billion were provided as Liquidity Support Facility.
“The rate of interest of REPO and Liquidity Support Facility was 5.50 percent per annum,” a central bank press statement said.
BBN/SI/AD-24Aug10-4:36 pm (BST)
