Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Fifteen bids of 1-day tenor amounting total of BDT 349.6534 billion were received. Of those, all bids amounting total of BDT 22.0197 billion were accepted. Four bids of 1-day tenor amounting total of BDT 5.6090 billion were received as special REPO. Of those, 4 bids of 1-day tenor amounting total of BDT 4.25 billion were accepted.
Moreover, 15 primary dealers of 1-day tenor amounting total of BDT 60.5324 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 rate of interest was 8.75 percent.
BBN/SSR/AD-21July11-12:20 am (BST)