Result of the Auction of REPO and Liquidity Support Facility held on 12 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 Sunday, 12 November 2023. In that auction, 19 banks and 01 financial institution submitted 82 bids amounting to Taka 7,596.32 crore for 07 days tenor repo facility, 02 banks submitted 02 bids amounting to Taka 714.00 crore for 01 day tenor standing lending facility, 13 PD banks submitted 84 bids amounting to Taka 8,454.02 crore for 01 day tenor Liquidity Support Facility and 04 banks submitted 04 bids amounting to Taka 1,010.00 crore for 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 17,774.34 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 6.50-7.00 percent.