Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.

Twenty three bids of 4-day tenor amounting to total of BDT 92.0724 billion were received. Of those, 23 bids amounting total of BDT.21.5581 billion were accepted.

Moreover, 14 primary dealers of 4-day tenor amounting total of BDT 38.9955 billion were provided as liquidity support facility. The rate of interest of REPO and liquidity support facility was 5.50 percent per annum.

BBN/SI/AD-15Dec10-6:40 pm (BST)