Dhaka, Bangladesh (BBN) - The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
Twelve bids of 1-day tenor amounting total of BDT 318.5672 billion were received. Of those, all bids amounting total of BDT 6.5306 billion were accepted.
Six bids of 7-day tenor amounting total of BDT 21.05 billion were received as special REPO. Of those, 6 bids amounting total of BDT 7.50 billion was accepted.
Moreover, 13 primary dealers of 1-day tenor amounting total of BDT 49.1055 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 7.25 percent but for the special REPO the rate of interest was 9.30 percent.
BBN/SSR/AD-16Oct11-9:20 pm (BST)
