Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Twelve bids of 1-day tenor amounting total of BDT 323.0372 billion were received. Of those, all bids amounting total of BDT 3.0042 billion were accepted.
One bid of 1-day tenor amounting to BDT 2.17 billion and 12 bids of 7-day tenor amounting to total of BDT 77.00 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 1.0 billion and 7-day tenor amounting total of BDT 38.65 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 51.0212 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 ranged from 9.25-9.30 percent.
BBN/SSR/AD-02Nov11-9:30 pm (BST)