Dhaka, Bangladesh (BBN) - The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Five bids of 1-day tenor amounting total of BDT 5.41 billion and 1 bid of 7-day tenor amounting to BDT 200 million was received and all the bids were accepted, according to result.
Moreover, four primary dealers of 1-day tenor amounting total of BDT 3.68 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-23Aug10-5:23 pm (BST)