Result of the Auction of Repo, Liquidity Support Facility, Standing Lending Facility and IBLF held on 21 November 2023
The auction of Bangladesh Bank repo, liquidity support facility, standing lending facility for the commercial banks and financial institutions and Islamic Banks Liquidity Facility (IBLF) for shari’ah based banks was held on Tuesday, 21 November 2023. In that auction, 02 banks submitted 03 bids amounting to Taka 76.13 crore for 01 day tenor repo facility, 18 banks and 02 financial institutions submitted 75 bids amounting to Taka 6,350.67 crore for 07 days tenor repo facility, 12 PD banks submitted 66 bids amounting to taka 8,326.39 crore for 01 day tenor liquidity support facility, 01 bank submitted 01 bid amounting to Taka 190.00 crore for 01 day tenor standing lending facility and 01 bank submitted 01 bid amounting to Taka 146.00 crore for 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 15,089.19 crore was provided under repo, liquidity support facility, standing lending facility and IBLF. The interest rates of the above-mentioned 01 day & 07 days tenor repo, liquidity support facility and standing lending facility were 7.25, 7.35, 7.25 and 9.25 percent per annum, respectively and the Expected Profit Rate (EPR) for 14 days tenor Islamic Banks Liquidity Facility was 7.00 percent.