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 345.0119 billion were received. Of those, all bids amounting total of BDT 4.5197 billion were accepted.
One bids of 1-day tenor amounting to BDT 7.02 billion and 3 bids of 7-day tenor amounting total of BDT 9.50 billion were received as special REPO. Of those, 1 bid of 1-day tenor amounting to BDT 1.50 billion was accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 46.6948 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 9.25 percent.
BBN/SSR/AD-19Oct11-9:24 am (BST)