Result of the Auction of REPO and Liquidity Support Facility was held on 24 September 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 Sunday, 24 September 2023. In that auction, 03 banks submitted 06 bids amounting to Taka 508.99 crore as 01 day tenor repo facility and 11 banks and 01 financial institution submitted 62 bids amounting to Taka 3881.53 crore as 07 days tenor repo facility. Of which, all bids amounting to Taka 407.19 crore under 01 day tenor repo and Taka 3,105.22 crore under 07 days tenor repo were accepted by the auction committee. Moreover, 01 bid amounting to Taka 130.00 crore of 01 bank was offered as for 01 day tenor special lending facility, 51 bids amounting to Taka 4986.78 crore of 11 banks were offered as for 01 day tenor Liquidity Support Facility and 02 banks submitted 02 bids amounting to Taka 550.00 crore for 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 9,179.19 crore was provided under repo, special lending facility, liquidity support facility and IBLF. The interest rates of the above-mentioned 01 day and 07 days tenor repo, special lending facility and liquidity support facility were 6.50, 6.60, 8.50 and 6.50 percent per annum, respectively and the Expected Profit Rate (EPR) for 14 days tenor Islamic Banks Liquidity Facility was 7.00 percent.