Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Fourteen bids of 6-day tenor amounting total of BDT 352.6770 billion were received. Of those, 13 bids amounting total of BDT 18.0157 billion were accepted.
Two bids of 6-day tenor amounting to BDT 4.1337 billion and 3 bids of 7-day tenor amounting total of BDT 13.9694 billion were received as special REPO.
Of those, 2 bids of 6-day tenor amounting to BDT 3.50 billion and 3 bids 7-day tenor amounting total of BDT 7.70 billion were accepted.
Moreover, 13 primary dealers of 6-day tenor amounting total of BDT 60.4415 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/SI-29Aug11-4:56 pm (BST)
