Dhaka, Bangladesh (BBN)- The repurchase agreement (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 92.88 billion were received as special REPO. Of those, 11 bids of 1-day tenor amounting total of BDT 23.73 billion were accepted.
Moreover, 21 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 66.3484 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-26Sept12-11:20 am (BST)