Dhaka, Bangladesh (BBN) – The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.
Eleven bids of 1-day tenor amounting total of BDT 85.40 billion were received as special REPO. Of those, 9 bids of 1-day tenor amounting total of BDT 14.13 billion were accepted.
Moreover, 24 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 82.8668 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-09Oct12-9:40 am (BST)