Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Eleven bids of 1-day tenor amounting total of BDT 59.67 billion were received as special REPO. Of those, 10 bids of 1-day tenor amounting total of BDT 17.13 billion were accepted.
Moreover, 27 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 90.7371 billion were provided as liquidity support facility, according to the auction result.
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.
BBN/SSR/AD-19Oct12-3:50 pm (BST)
