T-bills, Repo auctions held

The auction of 91-Day and 182-Day Treasury Bills (T-bills), 30-Day Bangladesh Bank Bill, Reverse Repo and auction of REPO was held Sunday, said a Bangladesh Bank (BB) press release.

A total of 36 bids worth Tk 21.04 billion for 91-Day T-bills and 53 bids worth Tk 15.89 billion for 182-Day T-bills were offered. Of those, five bids worth Tk.9.0 billion for 91-Day T-bills and 17 bids of worth.8.50 billion for 182-Day T-bills were accepted.

The range of the implicit yield of the accepted bid was 7.14-7.15 per cent and 7.31-7.51 per cent per annum respectively, according to the auction results.

Auction of 30-Day BB bill: Two bids amounting to Tk.3.0 billion were offered and all bids were accepted. The rate of weighted average yield of the accepted bid was 6.85 per cent per annum.  

The Reverse Repo auction for commercial banks and financial institutions was also held at Bangladesh Bank Sunday. Three bids of 1-day tenor amounting to Tk.10.50 billion were received and all the bids were accepted, according to the auction results.

The rate of interest of Reverse Repo was 5.25 per cent per annum.

The Repo auction of BB for commercial banks and financial institutions was held. One bid of 1-day tenor amounting to Tk.890 million was received as special Repo and bid of 1-day tenor amounting to Tk.500 million was accepted.

Moreover, 3 non-PD banks of 1-day tenor amounting to Tk 4.04 billion (Tk.404.85 crore) were provided as Liquidity Support Facility. The rate of interest of Special Repo was 10.25 per cent per annum but for the Liquidity Support Facility the rate of interest was 7.25 per cent per annum, according to the auction results.