Dhaka, Bangladesh (BBN) – The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Five bids of 1-day tenor amounting total of BDT 149.6292 billion were received but no bid was accepted, according to the auction result.
Two bids of 1-day tenor amounting total of BDT 9.16 billion and 11 bids of 7-day tenor amounting total of BDT 49.38 billion were received as special REPO. Off those, two bids of 1-day tenor amounting total of BDT 1.50 billion and 11 bids of 7-day tenor amounting total of BDT 10.75 billion were accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 49.2178 billion were provided as Liquidity Support Facility. The rate of interest of Liquidity Support Facility was 7.25 percent per annum but for the special REPO the rate of interest was 9.25-9.30 percent per annum.
BBN/SSR/AD-08Dec11-11:07 am (BST)
