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

One bid of 1-day tenor amounting to BDT 890 million was received as special REPO and bid of 1-day tenor amounting to BDT 500 million was accepted.

Moreover, four  non-primary dealer (PD) banks of 1-day tenor amounting total of BDT 6.9150 billion were 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-20Mar14-8:07 am (BST)