The New Nation - Internet Edition

Internet Edition. August 1, 2008, Updated: Bangladesh Time 12:00 AM

Repo auction held

UNB, Dhaka

The Repo auction for commercial banks and financial institutions was held at Bangladesh Bank here on Wednesday. Seven bids of 1-day tenor amounting to Tk 1151.00 crore were received. Of those, 7 bids of 1-day tenor amounting to Tk 863.25 crore were accepted, said a press release. The rate of interest of the accepted bids was 8.50 percent per annum.

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