Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Seven bids of 1-day tenor amounting total of BDT 217.2271 billion were received. Of those, all bids amounting total of BDT 252 million were accepted.
Four bids of 1-day tenor amounting total of BDT 12.69 billion were received as special REPO. Off those, all bids of 1-day tenor amounting total of BDT 5.0 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 46.3167 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-01Dec11-10:20 am (BST)