Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Twelve bids of 6-day tenor amounting total of BDT 316.0812 billion were received. Of those, all bids amounting total of BDT 3.0028 billion were accepted.
Six bids of 7-day tenor amounting total of BDT 25.25 billion were received as special REPO. Of those, all bids of 7-day tenor amounting total of BDT 4.75 billion were accepted.
Moreover, 13 primary dealers of 6-day tenor amounting total of BDT 50.5547 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.