Dhaka, Bangladesh (BBN)- The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Seven bids of 1-day tenor amounting total of BDT 10.235 billion and 4 bids of 7-day tenor amounting total of BDT 2.165 billion were received and all the bids were accepted, according to result.
Moreover, five primary dealers of 1-day tenor amounting total of BDT 4.905 billion were provided as liquidity support facility.
“The rate of interest of REPO and liquidity support facility was 4.50 percent per annum,” a central bank press statement said.
BBN/SI/AD-17Aug10-5:05 pm (BST)
