Result of the Auction of ALS, SLF, SDF and IBLF held on 11 July 2024
The auction of 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 Thursday, 11 July 2024. In that auction, 11 PD banks submitted 30 bids amounting to taka 4,764.50 crore for 01 day tenor assured liquidity support, 01 bank submitted 01 bid amounting to taka 1,812.76 crore for 01 day tenor standing lending facility and 01 bank submitted 01 bid amounting to Taka 300.00 crore for 14 days tenor Islamic Banks liquidity facility. All bids were accepted by the auction committee. Accordingly, a total amount of Taka 6,877.26 crore was provided under ALS, SLF and IBLF. Additionally, 02 banks submitted 02 bids amounting to taka 1,600.00 crore for 01 day tenor standing deposit facility and all of the bids were accepted by the auction committee. The interest rates of the above-mentioned assured liquidity support, standing lending facility and standing deposit facility were 8.50, 10.00 and 7.00 percent per annum, respectively and the Expected Profit Rate (EPR) for 14 days tenor IBLF was 4.50 percent.