Result of the Auction of REPO and Liquidity Support Facility held on 31 August 2023
The auction of Bangladesh Bank repo and liquidity support facility for the commercial banks and financial institutions and Islamic Banks Liquidity Facility (IBLF) for shari’ah based banks was held on Thursday, 31 August 2023. In that auction, 04 banks submitted 18 bids amounting to Taka 5,165.11 crore for 07 days tenor repo facility, 07 PD banks submitted 21 bids amounting to taka 2,803.91 crore for 03 days tenor liquidity support facility and 02 banks submitted 02 bids amounting to Taka 470.00 crore for 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 8,439.02 crore was provided under repo, liquidity support facility and IBLF. The interest rates of the above-mentioned 07 days tenor repo and 01 day tenor liquidity support facility were 6.60 and 6.50 percent per annum, respectively and the range of Expected Profit Rate (EPR) for 14 days tenor Islamic Banks Liquidity Facility was 6.75-7.00 percent.