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

Eighteen bids of 1-day tenor amounting total of BDT 269.7635 billion were received. Of those, 18 bids amounting total of BDT 40.2595 billion were accepted.

Moreover, 14 primary dealers of 1-day tenor amounting total of BDT 43.5184 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/SI/ANS-29Mar11-11:34 am (BST)