Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said on Thursday.
Thirteen bids of 1-day tenor amounting total of BDT 345.4883 billion were received. Of those, all bids amounting total of BDT 18.5009 billion were accepted.1 bid of 1-day tenor amounting to BDT 6.0198 billion and 5 bids of 7-day tenor amounting total of BDT 13.7395 billion were received as special REPO.
Of those, 1 bid of 1-day tenor amounting to TBDT 5.00 billion and 5 bids of 7-day tenor amounting total of BDT 4.95 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 61.8122 billion were provided as Liquidity Support Facility.
The rate of interest both of REPO and Liquidity Support Facility was 6.75 percent per but for the special REPO the range of interest rate was 8.75-8.80 percent per annum.
BBN/SSR/AD-25Aug11-4:17 pm (BST)