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 350.4453 billion were received. Of those, all bids amounting total of BDT 22.0218 billion were accepted.
Two bids of 7-day tenor amounting to BDT 2.67 billion were received as special REPO and the bid to BDT 2.65 billion was accepted.
Moreover, 13 primary dealers of 3-day tenor amounting total of BDT 57.5552 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-04Aug11-7:58 pm (BST)
