Result of the Auction of Repo, ALS, SDF and IBLF held on 10 July 2024
The auction of Bangladesh Bank repo, assured liquidity support (ALS) 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 Wednesday, 10 July 2024. In that auction, 07 banks and 02 financial institutions submitted 19 bids amounting to Taka 1,472.56 crore for 07 days tenor repo facility, 14 banks and 01 financial institutions submitted 66 bids amounting to Taka 4,878.82 crore for 14 days tenor repo facility, 10 banks submitted 54 bids amounting to Taka 4,785.38 crore for 28 days tenor repo facility, 07 PD banks submitted 14 bids amounting to taka 1,360.50 crore for 01 day tenor assured liquidity support facility and 01 bank submitted 01 bid amounting to Taka 8.00 crore for 28 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 12,505.26 crore was provided under repo, ALS and IBLF. Additionally, 01 bank submitted 01 bid amounting to taka 200.00 crore for 01 day tenor standing deposit facility and bid was accepted by the auction committee. The interest rates of the above-mentioned 07, 14 & 28 days tenor repo, assured liquidity support facility and standing deposit facility were 8.60, 8.70, 8.75, 8.50 and 7.00 percent per annum, respectively and the Expected Profit Rate (EPR) for 28 days tenor IBLF was 6.00 percent.