Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Eleven bids of 1-day tenor amounting total of BDT 321.0324 billion were received. Of those, all bids amounting total of BDT 3.5314 billion were accepted.
Three bids of 1-day tenor amounting total of BDT 6.64 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 750 million were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 38.8998 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent but for the special REPO the rate of interest was 9.25 percent.
BBN/SSR/AD-27Oct11-7:52 am (BST)
