Result of the Auction of REPO and Liquidity Support Facility held on 16 October 2023
The auction of Bangladesh Bank repo and liquidity support facility for the commercial banks and financial institutions was held on Monday, 16 October 2023. In that auction, 18 banks and 02 financial institutions submitted 130 bids amounting to Taka 6,599.39 crore as for 07 days tenor repo facility. Of which, all bids amounting to Taka 5,279.51 crore were accepted by the auction committee. Moreover, 01 bid amounting to Taka 1,245.00 crore of 01 bank was offered as for 01 day tenor standing lending facility and 77 bids amounting to Taka 7,902.61 crore of 13 PD banks were offered as for 01 day tenor Liquidity Support Facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 14,427.12 crore was provided under repo, standing lending facility and liquidity support facility. 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.