Dhaka, Bangladesh (BBN) - The repurchase agreement (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 75.69 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 29.15 billion were accepted.
Moreover, 13 primary dealers (PDs) of 1-day tenor amounting total of BDT 60.4701 billion were provided as liquidity support facility.
The rate of interest of liquidity support facility was 7.75 percent per but for the special REPO the rate of interest was 10.75 percent, according to the auction result.
BBN/SSR/AD-07Feb12-10:03 am (BST)
