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 319.0938 billion were received. Of those, all bids amounting total of BDT 3.0154 billion were accepted.
Eight bids of 7-day tenor amounting total of BDT 33.37 billion were received as special REPO. Of those, 2-bids 7-day tenor amounting total of BDT 3.0 billion were accepted.
Moreover, 13 primary dealers of 3-day tenor amounting total of BDT 48.9089 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/SI-13Nov11-10:38 am (BST)