Dhaka, Bangladesh (BBN)-The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, a central bank press statement said on Wednesday.
Seventeen bids of 1-day tenor amounting total of BDT 152.0694 billion were received. Of those, 17 bids amounting total of BDT 17.1248 billion were accepted. Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 39.8470 billion were provided as liquidity support facility. The rate of interest of REPO and liquidity support facility was 5.50 percent per annum.
BBN/SI/AD-05Jan11-6:25 pm (BST)