Dhaka, Bangladesh (BBN) - The repurchase agreement (REPO) auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said on Thursday.
Fifteen bids of 1-day tenor amounting total of BDT 15.60 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 9.57 billion were accepted.
Moreover, 20 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 72.2354 billion were provided as liquidity support facility (ALS), according to the auction result.
The rate of interest of special REPO was 10.75 percent but for the ALS, the rate of interest was 7.75 percent.
BBN/SSR/AD-13Dec12-8:40 pm (BST)
