Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Fifteen bids of 1-day tenor amounting total of BDT 348.0955 billion were received. Of those, all bids amounting total of BDT 22.0171 billion were accepted. 5 bids of 1-day tenor amounting total of BDT 6.7901 billion and 2 bids of 7-day tenor amounting total of BDT 1.20 billion were received as special REPO.
Of those, 5 bids of 1-day tenor amounting total of BDT 5.60 billion and 2 bids of 7-day tenor amounting total of BDT 1.15 billion were accepted.
Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 60.2554 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.75 percent but for the special REPO the range of interest rate was 8.75-8.80 percent.
BBN/SSR/AD-20July11-1:39 pm (BST)
