Results of Wednesday’s REPO auction

Last updated: March 2, 2011

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

Twenty two bids of 1-day tenor amounting total of BDT 232.8946 billion were received. Of those, 22 bids amounting total of BDT 40.1015 billion were accepted.

Moreover, 14 primary dealers of 1-day tenor amounting total of BDT 53.35 billion were provided as Liquidity Support Facility. The rate of interest both of Repo and Liquidity Support Facility was 5.50 percent per annum.

 BBN/SI/AD-02Mar11-9:34 pm (BST)  

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram