Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Ten bids of 1-day tenor amounting total of BDT 281.0141 billion were received. Of those, all bids amounting total of BDT 7.5031 billion were accepted.
Two bids of 1-day tenor amounting to BDT 2.76 billion were received as special REPO. Of those, two bids amounting total of BDT 500 million was accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT.44.2147 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-11Oct11-9:51 pm (BST)