Dhaka, Bangladesh (BBN) - The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Fourteen bids of 1-day tenor amounting total of BDT 118.43 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 52.28 billion were accepted.
Moreover, 24 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 59.4402 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-30Aug12-9:50 am (BST)
