Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Eight bids of 1-day tenor amounting total of BDT 240.8243 billion were received. Of those, all bids amounting total of BDT 10.0665 billion were accepted.
One bid of 7-day tenor amounting to BDT 1.05 billion was received as special REPO. Of this, the bid amounting to BDT 200 million was accepted.
Moreover, 11 primary dealers of 1-day tenor amounting total of BDT 34.0193 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 rate of interest was 9.30 percent.
BBN/SSR/AD-05Oct11-10:37 am (BST)