Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Thirteen bids of 1-day tenor amounting total of BDT 332.7276 billion were received. Of those, all bids amounting total of BDT 17.0689 billion were accepted.
One bid of 1-day tenor amounting to BDT 3.7627 billion and 3 bids of 7-day tenor amounting total of BDT 5.7138 billion were received as special REPO.
Of those, 1 bid of 1-day tenor amounting to BDT 1.50 billion and 3 bids of 7-day tenor amounting total of BDT 3.50 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 57.3098 billion were provided as Liquidity Support Facility.
The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent but for the special REPO the range of interest rate was 9.25-9.30 percent.
BBN/SSR/AD-07Sept11-9:38 am (BST)