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 335.9707 billion were received. Of those, all bids amounting total of BDT 21.9394 billion were accepted.
Three bids of 3-day tenor amounting total of BDT 4.3018 billion and 1 bid of 7-day tenor amounting to BDT 150 million were received as special REPO.
Of those, 3 bids of 3-day tenor amounting total of BDT 3.50 billion and 1 bid 7-day tenor amounting to BDT 150 million were accepted.
Moreover, 13 primary dealers of 3-day tenor amounting total of BDT 61.0811 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-11Aug11-5:55 pm (BST)
