Dhaka, Bangladesh (BBN) – The repurchase agreement (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 91.99 billion were received as special REPO. Of those, all bids of 3-day tenor amounting total of BDT 26.58 billion were accepted.
Moreover, 23 primary dealers (PDs) and non-PD banks of 3-day tenor amounting total of BDT 65.5889 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-29Sept12-2:46 am (BST)