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

Sixteen bids of 1-day tenor amounting tot al of BDT.45.9851 billion were received. Of those, 16 bids amounting total of BDT.9.7719 billion were accepted.

Moreover, 14 primary dealers of 1-day tenor amounting total of BDT 37.3911 billion were provided as liquidity support facility. The rate of interest of REPO and liquidity support facility was 5.50 percent per annum.

BBN/SI/AD-13Dec10-8:20 pm (BST)