Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
Eleven bids of 1-day tenor amounting total of BDT 19.13 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 9.20 billion were accepted.
Moreover, 28 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 89.6223 billion were provided as Liquidity Support Facility, according to the auction result.
The rate of interest of Special Repo was 10.75 percent per annum but for the Liquidity Support Facility the rate of interest was 7.75 percent.
BBN/SSR/AD-21Jan13-7:36 am (BST)