Dhaka, Bangladesh (BBN)-The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
Seventeen bids of 1-day tenor amounting total of BDT 171.6887 billion were received. Of those, 17 bids amounting total of BDT 26.8321 billion were accepted.
Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 42.3472 billion were provided as liquidity support facility. The rate of interest of REPO and liquidity support facility was 5.50 percent per annum.
BBN/SI/AD-09Jan11-7:05 pm (BST)