Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Fifteen bids of 3-day tenor amounting total of BDT 347.8044 billion were received. Of those, all bids amounting total of BDT 22.0176 billion were accepted.
Two bids of 3-day tenor amounting total of BDT 1.9715 billion and 2 bids of 7-day tenor amounting total of BDT 1.89 billion were received as special REPO.
Of those, 2 bids of 3-day tenor amounting total of BDT 1.95 billion and 2 bids of 7-day tenor amounting total of BDT 1.25 billion were accepted.
Moreover, 15 primary dealers of 3-day tenor amounting total of BDT 66.3799 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.75 percent but for the special REPO the range of interest rate was 8.75-8.80 percent.
BBN/SSR/AD-14July11-8:41 pm (BST)
