Dhaka, Bangladesh (BBN) - The repurchase agreement (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 110.21 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 43.23 billion were accepted.
Moreover, 25 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 72.6383 billion were provided as liquidity support facility.
The rate of interest of special REPO was 10.75 percent but for the liquidity support facility the rate of interest was 7.75 percent.
BBN/SSR/AD-24Sept12-11:20 am (BST)
