Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.

Nine bids of 1-day tenor amounting total of BDT 256.5814 billion were received. Of those, all bids amounting total of BDT 2.2579 billion were accepted.

Moreover, 12 primary dealers of 1-day tenor amounting total of BDT 37.1475 billion were provided as Liquidity Support Facility.

The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent.

BBN/SSR/AD-22Nov11-10:04 am (BST)