Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
One bid of 1-day tenor amounting to BDT 880 million was received as special REPO and bid of 1-day tenor amounting to BDT 500 million was accepted.
Moreover, two primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 2.9585 billion were provided as Liquidity Support Facility.
The rate of interest of Special Repo was 10.25 percent but for the Liquidity Support Facility the rate of interest was 7.25 percent.
BBN/SSR/AD-10Mar14-9:20 am (BST)