Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Sixteen bids of 3-day tenor amounting total of BDT 282.9474 billion were received. Of those, all bids amounting total of BDT 20.0086 billion were accepted. One bid of 7-day tenor amounting to BDT 100 million were received as special REPO and the bid was accepted.
Moreover, 15 primary dealers of 3-day tenor amounting total of BDT 62.2829 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.25 percent per annum but for the special REPO the rate was 8.30 percent per annum.
BBN/SSR/AD-02June11-9:35 pm (BST)