Dhaka, Bangladesh (BBN) - The repurchase agreement (REPO0 auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said.
Eleven bids of 1-day tenor amounting total of BDT 86.28 billion were received as special REPO. Of those, 10 bids of 1-day tenor amounting total of BDT 18.13 billion were accepted.
Moreover, 24 primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 74.5955 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-07Oct12-8:50 pm (BST)
