Dhaka, Bangladesh (BBN)– The Special Repo auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said.

Two bids of 1-day tenor amounting total of BDT 2.70 billion were received as Special Repo and all the bids were accepted, according to the auction result.

Moreover, three primary dealers (PD) and non-PD banks of 1-day tenor amounting total of BDT 400 million were received as Liquidity Support Facility.

Among those, three bids Repo was 10.25 percent but for the Liquidity Support Facility the rate of interest was 7.25 percent, it added.

BBN/SSR/AD