Dhaka, Bangladesh (BBN)– The repurchased 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 2.3270 billion were received as special REPO. Of those, three bids of 1-day tenor amounting total of BDT 1.30 billion were accepted, according to the auction result.
Moreover, 23 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 79.2534 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-18Nov12-9:08 pm (BST)