Result of the Auction of REPO and Liquidity Support Facility held on 25 October, 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 Wednesday, 25 October 2023. In that auction, 02 banks submitted 03 bids amounting to Taka 193.08 crore as 01 day tenor repo facility and 19 banks and 02 financial institutions submitted 145 bids amounting to Taka 12,477.66 crore as 07 days tenor repo facility. Of which, all bids amounting to Taka 154.46 crore under 01 day tenor repo facility and all bids amounting to Taka 9,982.13 crore under 07 days tenor repo were accepted by the auction committee. Moreover, 01 bid amounting to Taka 1,687.00 crore of 01 bank was offered as for 01 day tenor standing lending facility, 13 PD banks submitted 88 bids amounting to taka 8,454.50 crore as 01 day tenor liquidity support facility and 07 banks submitted 07 bids amounting to Taka 4,177.00 crore as 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 24,455.09 crore was provided under repo, standing lending facility, liquidity support facility and IBLF. The interest rates of the above-mentioned 01 day & 07 days tenor repo, standing lending facility and liquidity support facility were 7.25, 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%.