Dhaka, Bangladesh (BBN) - The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Fifteen bids of 3-day tenor amounting total of BDT 139.53 billion were received as special REPO. Of those, all bids of 3-day tenor amounting total of BDT 89.78 billion were accepted, according to the auction result.
Moreover, 24 primary dealers (PDs) and non-PD banks of 3-day tenor amounting total of BDT 62.7130 billion were provided as liquidity support facility.
The rate of interest of special REPO was 10.75 percent but for the liquidity support facility the rate of interest was 7.75 percent.
BBN/SSR/AD-23Aug12-9:14 pm (BST)