Result of the Auction of REPO and Liquidity Support Facility held on 01 November, 2023
The auction of Bangladesh Bank repo and liquidity support facility for the commercial banks and financial institutions was held on Wednesday, 01 November 2023. In that auction, 01 bank submitted 05 bids amounting to Taka 81.71 crore as 01 day tenor repo facility and 14 banks and 02 financial institutions submitted 126 bids amounting to Taka 9,210.35 crore as 07 days tenor repo facility. Of which, all bids amounting to Taka 65.37 crore under 01 day tenor repo facility and all bids amounting to Taka 7,368.28 crore under 07 days tenor repo were accepted by the auction committee. Moreover, 01 bid amounting to Taka 1,110.00 crore of 01 bank was offered as for 01 day tenor standing lending facility and 11 PD banks submitted 80 bids amounting to taka 9,205.01 crore as 01 day tenor liquidity support facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 17,748.66 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.