Results of Sunday’s REPO auction

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

Sixteen bids of 1-day tenor amounting total of BDT 353.1120 billion were received. Of those, all bids amounting total of BDT 22.0189 billion were accepted. Seven bids of 1-day tenor amounting total of BDT 13.4094 billion and two bids of seven-day tenor amounting total of BDT 4.3958 billion were received as special REPO.

Of those, 7 bids of 1-day tenor amounting total of BDT.9.40 billion and 2 bids of 7-day tenor amounting total of BDT 3.00 billion were accepted.

Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 58.1303 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.75 percent but for the special REPO the range of interest rate was 8.75-8.80 percent.

BBN/SSR/AD-25July11-10:37 am (BST) 

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