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

Nineteen bids of 1-day tenor amounting total of BDT 197.2357 billion were received. Of those, 19 bids amounting total of BDT 28.7301 billion were accepted.

Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 46.4502 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-11Jan11-1:43 am (BST)