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)