Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Twelve bids of 1-day tenor amounting total of BDT 321.8185 billion were received. Of those, all bids amounting total of BDT 3.0251 billion were accepted.
Eleven bids of 1-day tenor amounting total of BDT 52.64 billion were received as special REPO. Of those, all bids 1-day tenor amounting total of BDT 23.00 billion was accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 46.2814 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-01Nov11-9:20 pm (BST)