Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Thirteen bids of 1-day tenor amounting total of BDT 347.4650 billion were received. Of those, all bids amounting total of BDT 15.0105 billion were accepted.
Besides, two bids of 7-day tenor amounting total of BDT 3.7673 billion were received as special REPO, the auction result said.
Of those, all bids amounting total of BDT 650 million were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 53.4289 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent per annum but for the special REPO the rate of interest was 9.30 percent.
BBN/SSR/AD-19Sept11-8:20 pm (BST)
