Bangladesh Bank
বাংলা      

Result of the Auction of REPO and Liquidity Support Facility held on 15 October 2023

Date: 16 October, 2023
Serial: 05/2023-445


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, 15 October 2023. In that auction, 20 banks and 01 financial institution submitted 101 bids amounting to Taka 9,239.46 crore as 07 days tenor repo facility. Of which, all bids amounting to Taka 7,391.57 crore under 07 days tenor repo were accepted by the auction committee. Moreover, 02 bids amounting to Taka 1,680.00 crore of 02 banks were offered as for 01 day tenor standing lending facility, 95 bids amounting to Taka 8,239.45 crore of 14 PD banks were offered as for 01 day tenor Liquidity Support Facility and 03 banks submitted 03 bids amounting to Taka 1,070.00 crore for 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 18,381.02 crore was provided under repo, standing lending facility, liquidity support facility and IBLF. The interest rates of the above-mentioned 07 days tenor repo, standing lending facility and liquidity support facility were 7.35, 9.25 and 7.25 percent per annum, respectively and the range of Expected Profit Rate (EPR) for 14 days tenor Islamic Banks Liquidity Facility was 6.00-7.00 percent.