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 324.2543 billion were received. Of those, all bids amounting total of BDT 3.0156 billion were accepted.
Thirteen bids of 7-day tenor amounting total of BDT 76.64 billion were received as special REPO. Of those, all bids of 7-day tenor amounting total of BDT 37.65 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 44.3499 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 9.30 percent.
BBN/SSR/AD-09Nov11-7:30 pm (BST)
