Dhaka, Bangladesh (BBN) - The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Six bids of 1-day tenor amounting total of BDT 7.685 billion and two bids of 7-day tenor amounting total of BDT 1.30 billion were received and all the bids were accepted, according to result.
Moreover, five primary dealers of 1-day tenor amounting total of BDT 5.21 billion were provided as liquidity support facility.
“The rate of interest of REPO and liquidity support facility was 4.50 percent per annum,” a central bank press statement said.
BBN/SI/AD-18Aug10-4:54 pm (BST)