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 100.60 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 35.48 billion were accepted.
Moreover, 23 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 72.3590 billion were provided as liquidity support facility, according to the auction result.
The rate of interest of special REPO was 10.75 percent but for the liquidity support facility the rate of interest was 7.75 percent.
BBN/SSR/AD-24Sept12-9:25 pm (BST)