Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Tuesday, officials said.
Two bids of 1-day tenor amounting total of BDT 1.42 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 1.05 billion were accepted.
Moreover, one non-primary dealer (PD) bank of 1-day tenor amounting to BDT 6.0648 billion was provided as Liquidity Support Facility.
The rate of interest of Special Repo was 10.25 percent but for the Liquidity Support Facility the rate of interest was 7.25 percent.
BBN/SSR/AD-20Nov13-10:56 am (BST)