Result of the Auction of Repo, ALS, SLF, SDF and IBLF held on 08 July 2024
The auction of Bangladesh Bank repo, assured liquidity support (ALS), standing lending facility (SLF) and standing deposit facility (SDF) for the commercial banks and financial institutions and Islamic Banks Liquidity Facility (IBLF) for shari’ah based banks was held on Monday, 08 July 2024. In that auction, 12 banks and 01 financial institution submitted 22 bids amounting to Taka 2,295.67 crore for 07 days tenor repo facility, 11 banks and 03 financial institutions submitted 56 bids amounting to Taka 5,049.68 crore for 14 days tenor repo facility, 11 banks and 01 financial institution submitted 120 bids amounting to Taka 7,572.74 crore for 28 days tenor repo facility, 07 PD banks submitted 09 bids amounting to taka 1,130.80 crore for 01 day tenor assured liquidity support, 01 bank submitted 01 bid amounting to taka 15.84 crore for 01 day tenor standing lending facility, 01 bank submitted 01 bid amounting to Taka 497.00 crore for 14 days tenor Islamic Banks liquidity facility and 03 banks submitted 03 bids amounting to Taka 713.00 crore for 28 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 17,274.73 crore was provided under repo, ALS, SLF and IBLF. Additionally, 02 banks submitted 02 bids amounting to taka 909.00 crore for 01 day tenor standing deposit facility and all bids were accepted by the auction committee. The interest rates of the above-mentioned 07, 14 & 28 days tenor repo, assured liquidity support, standing lending facility and standing deposit facility were 8.60, 8.70, 8.75, 8.50, 10.00 and 7.00 percent per annum, respectively, the Expected Profit Rate (EPR) for 14 days tenor IBLF was 5.50 percent and the range of the Expected Profit Rate (EPR) for 28 days tenor IBLF was 4.00-6.50 percent.