Bangladesh Bank
বাংলা      

Result of the Auction of REPO and Liquidity Support Facility was held on 25 September 2023.

Date: 26 September, 2023
Serial: 05/2023-409


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 Monday, 25 September 2023. In that auction, 01 bank submitted 02 bids amounting to Taka 61.76 crore as 01 day tenor repo facility and 09 banks and 01 financial institution submitted 49 bids amounting to Taka 5,740.93 crore as 07 days tenor repo facility. Of which, all bids amounting to Taka 49.41 crore under 01 day tenor repo and Taka 4,592.74 crore under 07 days tenor repo were accepted by the auction committee. Moreover, 01 bid amounting to Taka 280.00 crore of 01 bank was offered as for 01 day tenor standing lending facility, 53 bids amounting to Taka 5,521.60 crore of 12 banks were offered as for 01 day tenor Liquidity Support Facility and 02 banks submitted 02 bids amounting to Taka 395.00 crore for 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 10,838.75 crore was provided under repo, standing lending facility, liquidity support facility and IBLF. The interest rates of the above-mentioned 01 day and 07 days tenor repo, standing 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.