Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said. Seven bids of 1-day tenor amounting tot al of Tk.16.3356 billion were received but no bid was accepted.

On the other hand, 14 primary dealers of 1-day tenor amounting total of BDT 33.4863 billion were provided as liquidity support facility.

The rate of interest of liquidity support facility was 5.50 percent per annum.

BBN/SSR/AD-06Dec10-10:36 am (BST)