Dhaka, Bangladesh (BBN) - The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Fifteen bids of 4-day tenor amounting total of BDT 126.83 billion were received as special REPO. Of those, all bids of 4-day tenor amounting total of BDT 83.86 billion were accepted.
Moreover, 23 primary dealer (PD) and non-PD of 4-day tenor amounting total of BDT 64.9730 billion were provided as liquidity support facility.
The rate of interest of special REPO was 10.75 percent but for the liquidity support facility the rate of interest was 7.75 percent, according to the auction result.
BBN/SSR/AD-13Aug12-11:09 am (BST)