Result of the Auction of REPO and Liquidity Support Facility held on 09 November 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 Thursday, 09 November 2023. In that auction, 02 banks submitted 11 bids amounting to Taka 90.43 crore as 03 days tenor repo facility and 16 banks and 01 financial institution submitted 87 bids amounting to Taka 8,515.05 crore as 07 days tenor repo facility. Moreover, 01 bid amounting to Taka 860.00 crore of 01 bank was offered as for 03 days tenor standing lending facility, 101 bids amounting to Taka 9,200.45 crore of 15 PD banks were offered as for 03 days tenor Liquidity Support Facility and 02 banks submitted 02 bids amounting to Taka 400.00 crore for 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 19,065.93 crore was provided under repo, standing lending facility, liquidity support facility and IBLF. The interest rates of the above-mentioned 03 and 07 days tenor repo, standing lending facility and liquidity support facility were 7.25 and 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 6.75-7.00 percent.