Dhaka, Bangladesh (BBN)- The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Fourteen bids of 1-day tenor amounting total of BDT 120.27 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 51.83 billion were accepted.
Moreover, 26 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 76.3125 billion were provided as liquidity support facility, according to the auction result.
The rate of interest of special REPO was 10.75 percent but for the liquidity support facility the rate of interest was 7.75 percent.
BBN/SSR/AD-19 Sept12-11:30 am (BST)