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 319.7932 billion were received. Of those, all bids amounting total of BDT 1.2792 billion were accepted.
Six bids of 7-day tenor amounting total of BDT 18.07 billion were received as special REPO. Of those, all bids of 7-day tenor amounting total of BDT 12 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 42.89 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-24Nov11-11:17 am (BST)