Dhaka, Bangladesh (BBN)– The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.

Seven bids of 1-day tenor amounting total of BDT 199.8072 billion were received. Of those, all bids amounting total of BDT 509.50 billion were accepted.

Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 45.3201 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent per annum.

BBN/SSR/AD-30Nov11-11:25 am (BST)