Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Fourteen bids of 1-day tenor amounting total of BDT 335.4722 billion were received. Of those, all bids amounting total of BDT 21.9212 billion were accepted. Two bids of 1-day tenor amounting total of BDT 3.6111 billion and four bids of 7-day tenor amounting total of BDT 8.3328 billion were received as special REPO.
Of those, 2 bids of 1-day tenor amounting total of BDT 2.70 billion were and 4 bids 7-day tenor amounting total of BDT 7.30 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 6.19111 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.75 percent but for the special REPO the range of interest rate was 8.75-8.80 percent.
BBN/SSR/AD-08Aug11-5:18 pm (BST)
