Dhaka, Bangladesh (BBN)- The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Three bids of 1-day tenor amounting total of BDT 7.22 billion and 1 bid of 7-day tenor amounting to BDT 2.04 billion were received but 3 bids of 1-day tenor amounting total of BDT 7.22 billion were accepted, according to auction result.
Moreover, 1 primary dealer of 1-day tenor amounting to BDT 977.8 million was provided as Liquidity Support Facility. The rate of interest of REPO and Liquidity Support Facility was 5.50 percent per annum.
BBN/SI/AD-15Sept10-8:06 pm (BST)
