Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Twelve bids of 3-day tenor amounting total of BDT 317.4333 billion were received. Of those, all bids amounting total of BDT 4.0155 billion were accepted.
Two bids of 7-day tenor amounting total of BDT 6.94 billion were received as special REPO. Of those, all bid of 7-day tenor amounting total of BDT 2.50 billion was accepted.
Moreover, 13 primary dealers of 3-day tenor amounting total of BDT 44.9440 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent but for the special REPO the rate of interest was 9.30 percent.
BBN/SSR/AD-21Oct11-9:57 am (BST)