Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Fourteen bids of 1-day tenor amounting total of BDT 351.4220 billion were received. Of those, all bids amounting total of BDT 21.9855 billion were accepted.
Three bids of 1-day tenor amounting total of BDT 5.5615 billion and 7 bids of 7-day tenor amounting total of BDT 19.8484 billion were received as special REPO.
Of those, 3 bids of 1-day tenor amounting total of BDT 5.10 billion and 7 bids 7-day tenor amounting total of BDT 17.15 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 58.3147 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-17Aug11-5:53 pm (BST)
