Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Twelve bids of 1-day tenor amounting total of BDT 320.9324 billion were received. Of those, all bids amounting total of BDT 5.52 billion were accepted.
One bids of 1-day tenor amounting to BDT 2.04 billion and 4 bids of 7-day tenor amounting total of BDT 16.10 billion were received as special REPO. Of those, 1 bid of 1-day tenor amounting to BDT 1.50 billion was accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 48.0573 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 rate of interest was 9.25 percent.
BBN/SSR/AD-17Oct11-9:08 pm (BST)
