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 363.4703 billion were received. Of those, 13 bids amounting total of BDT 17.5113 billion were accepted.
One bid of 1-day tenor amounting to BDT 5.5337 billion and 8 bids of 7-day tenor amounting total of BDT 36.6410 billion were received as special REPO.
Of those, 1 bid of 1-day tenor amounting to BDT 2.0 billion and 7 bids of 7-day tenor amounting total of BDT 19.00 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 59.7821 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent but for the special Repo the range of interest rate was 9.25-9.30 percent.
BBN/SSR/AD-05Sept11-8:55 pm (BST)
