Dhaka, Bangladesh (BBN)- The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Two bids of 1-day tenor amounting total of BDT1.72 billion and 1 bid of 7-day tenor amounting to BDT 165 million were received but no bid was accepted, according to auction result.
On the other hand, 6six primary dealer of 1-day tenor amounting total of BDT 5.947 billion were provided as Liquidity Support Facility. The rate of interest of Liquidity Support Facility was 5.50 percent per annum.
BBN/SI/AD-20SEpt10-8:30 pm (BST)