Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Thursday, officials said.

Twenty one bids of 3-day tenor amounting total of BDT 227.1900 billion were received. Of those, 21 bids amounting total of BDT 40.1030 billion were accepted.

Moreover, 14 primary dealers of 3-day tenor amounting total of BDT 51.1360 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 5.50 percent per annum.

BBN/SI/AD-25Feb11-1:58 pm (BST)