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 350.8484 billion were received. Of those, all bids amounting total of BDT 22.0184 billion were accepted.
Four bids of 3-day tenor amounting total of BDT 6.3736 billion and three bids of 7-day tenor amounting total of BDT 6.2504 billion were received as special REPO. Of those, four bids of 3-day tenor amounting total of BDT 4.50 billion and three bids of 7-day tenor amounting total of BDT 3.15 billion were accepted.
Moreover, 15 primary dealers of 3-day tenor amounting total of BDT 60.1794 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-23July11-1:11 pm (BST)