Comitted to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 160 Tue. November 04, 2003  
   
Business


Repo auction


The reverse Repo auction of Bangladesh Bank for commercial banks and financial institutions was held here yesterday.

One bid of 1-day tenor amounting to Tk 125 crore and one bid of 7-day tenor amounting to Tk 40 crore were received and accepted.

The rates of interest against the accepted bids of 1-day and 7-day tenor were 2.40 and 2.50 percent per annum respectively, said a press release of the central bank.