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

Twenty three bids of 1-day tenor amounting tot   al of BDT 124.5512 billion were received. Of those, 23 bids amounting total of BDT 32.7479 billion were accepted.

Moreover, 14 primary dealers of 1-day tenor amounting total of BDT 36.3772 billion were provided as liquidity support facility. The rate of interest of REPO and liquidity support facility was 5.50 percent per annum.

BBN/SSR/AD-20Dec10-10:10 am (BST)