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

Eighteen bids of 1-day tenor amounting total of BDT 176.7099 billion were received. Of those, 18 bids amounting total of BDT 28.8553 billion were accepted.

Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 46.0746 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-12Jan11-11:47 am (BST)