Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Eleven bids of 1-day tenor amounting total of BDT 322.2293 billion were received. Of those, all bids amounting total of BDT 3.0290 billion were accepted.
Nine bids of 1-day tenor amounting total of BDT 38.06 billion were received as special REPO. Of those, all bids 1-day tenor amounting total of BDT 18.7500 billion was accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 44.9794 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-31Oct11-9:28 pm (BST)