The auction of Bangladesh Bank repo and liquidity support facility for the commercial banks and financial institutions was held on Sunday, 28 August 2022.

In that auction, 05 banks submitted 35 bids amounting to Taka 9324.30 crore as 07 days tenor repo facility. Of which, all bids amounting to Taka 3729.72 crore was accepted by the auction committee. Moreover, 13 banks submitted 57 bids amounting to Taka 7069.40 crore as 01 day tenor liquidity support facility. All bids were accepted by the auction committee. Accordingly, total Taka 10799.12 crore was provided under repo and liquidity support facility. The interest rates of the above-mentioned 07 days tenor repo and liquidity support facility were 5.60 and 5.50 percent per annum, respectively.

(C) 2022 Electronic News Publishing, source ENP Newswire