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

Sixteen bids of 1-day tenor amounting total of BDT 266.2826 billion were received. Of those, 16 bids amounting total of BDT 20.0358 billion were accepted.

Moreover, 14 primary dealers of 1-day tenor amounting total of BDT 50.7349 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/SSR/AD-26Apr11-10:32 am (BST)