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 322.7027 billion were received. Of those, all bids amounting total of BDT 3.0173 billion were accepted.

Two bids of 1-day tenor amounting total of BDT 6.86 billion were received as special REPO. Of those, 2 bids of 1-day tenor amounting total of BDT 2.0 billion were accepted.

Moreover, 12 primary dealers of 1-day tenor amounting total of BDT 46.1087 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-16Nov11-11:07 am (BST)