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 354.0781 billion were received. Of those, all bids amounting total of BDT 21.8975 billion were accepted.
Two bids of 1-day tenor amounting total of BDT 4.7835 billion and 2 bids of 7-day tenor amounting total of BDT 2.8915 billion were received as special REPO.
Of those, 2 bids of 1-day tenor amounting total of BDT 4.25 billion were and 2 bids 7-day tenor amounting total of BDT 2.15 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 59.7427 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-09Aug11-5:09 pm (BST)
