Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Sixteen bids of 1-day tenor amounting total of BDT 344.3750 billion were received. Of those, all bids amounting total of BDT 22.0158 billion were accepted.
Five bids of 1-day tenor amounting total of BDT 8.4964 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 3.50 billion were accepted.
Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 64.8422 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.75 percent but for the special REPO the interest rate was 8.75 percent per annum.
BBN/SSR/AD-06July11-8:45 pm (BST)
