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

Nineteen bids of 1-day tenor amounting total of BDT 278.9410 billion were received. Of those, 19 bids amounting total of BDT.40.2699 billion were accepted.

Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 51.1904 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.00 percent per annum.

BBN/SSR/AD-27Mar11-10:55 pm (BST)