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.343.6185 billion were received. Of those, all bids amounting total of BDT 22.0174 billion were accepted.
Two bids of 7-day tenor amounting total of BDT 1.65 billion were received as special REPO. Of those, all bids of 7-day tenor amounting total of BDT 750 million were accepted.
Moreover, 15 primary dealers of 3-day tenor amounting total of BDT 65.0064 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.75 percent per but for the special REPO the interest rate was 8.80 percent.
BBN/SSR/AD-07July11-8:50 pm (BST)