Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Thirteen bids of 3-day tenor amounting total of BDT 331.3962 billion were received. Of those, all bids amounting total of BDT 21.9716 billion were accepted.
Two bids of 3-day tenor amounting total of BDT 3.0785 billion and 3 bids of 7-day tenor amounting total of BDT 5.8226 billion were received as special REPO.
Of those, 2 bids of 3-day tenor amounting total of BDT 2.90 billion and 3 bids 7-day tenor amounting total of BDT 3.70 billion were accepted.
Moreover, 13 primary dealers of 3-day tenor amounting total of BDT 58.6412 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-18Aug11-4:46 pm (BST)