Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
Eleven bids of 1-day tenor amounting total of BDT 322.08 billion were received. Of those, all bids amounting total of BDT 3.0275 billion were accepted.
Six bids of 1-day tenor amounting total of BDT 20.2320 billion were received as special REPO. Of those, all bids 1-day tenor amounting total of BDT 3.85 billion was accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 44.6310 billion were provided as Liquidity Support Facility.
The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent but for the special REPO the rate of interest was 9.25 percent.
BBN/SSR/AD-31Oct11-10:04 am (BST)