Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Fourteen bids of 1-day tenor amounting total of BDT 335.6689 billion were received. Of those, all bids amounting total of BDT 21.8867 billion were accepted. Three bids of 1-day tenor amounting total of BDT 9.5559 billion were received as special REPO.
Of those 3 bids of 1-day tenor amounting total of BDT 8.20 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 59.7078 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.
BBN/SSR/AD-11Aug11-12:39 am (BST)