Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Three bids of 2-day tenor amounting total of BDT 107.4893 billion were received but no bid was accepted.
Nine bids of 2-day tenor amounting total of BDT 26.60 billion were received as special REPO. Off those, all bids of 2-day tenor amounting total of BDT.4.50 billion were accepted.
Moreover, 13 primary dealers of 2-day tenor amounting total of BDT 43.9504 billion were provided as Liquidity Support Facility. The rate of interest of Liquidity Support Facility was 7.25 percent per annum but for the special REPO the rate of interest was 9.25 percent per annum.
BBN/SSR/AD-06Dec11-11:59 am (BST)