Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
Four bids of 1-day tenor amounting total of BDT 139.58 billion were received but no bid was accepted. Five-bid of 1-day tenor amounting total of BDT 10.10 billion were received as special REPO. Off those, all bids of 1-day tenor amounting total of BDT 3.0 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 47.7444 billion were provided as Liquidity Support Facility. The rate of interest of Liquidity Support Facility was 7.25 percent but for the special REPO the rate of interest was 9.25 percent per annum.
BBN/SSR/AD-05Dec11-10:20 am (BST)