Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Fourteen bids of 3-day tenor amounting total of BDT 337.3224 billion were received. Of those, all bids amounting total of BDT 22.0140 billion were accepted.
One bid of 7-day tenor amounting to BDT 150 million was received as special REPO. The bid was accepted, according to the auction result.
Moreover, 13 primary dealers of 3-day tenor amounting total of BDT 51.2102 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 interest rate was 8.80 percent.
BBN/SSR/AD-31July11-10:29 am (BST)