Dhaka, Bangladesh (BBN)- The Repo auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Six bids of 1-day tenor amounting total of BDT 5.25 billion were received as special Repo. Of those, five bids of 1-day tenor amounting total of BDT 2.30 billion were accepted.
Moreover, 25 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 88.2929 billion were provided as liquidity support facility, according to the auction result.
The rate of interest of special REPO was 10.75 percent while the interest rate on the liquidity support facility was 7.75 percent.
BBN/SSR/AD-19Dec12-8:10 am (BST)
