Dhaka, Bangladesh (BBN)– The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.
Three bids of 4-day tenor amounting total of BDT 1.80 billion were received as special REPO. Of those, all bids of 4-day tenor amounting total of BDT 1.30 billion ere accepted.
Moreover, 19 primary dealers (PDs) and non-PD banks of 4-day tenor amounting total of BDT 69.2175 billion were provided as liquidity support facility, according to the auction result.
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-22Nov12-7:40 pm (BST)