Dhaka, Bangladesh (BBN)- The reverse repurchase agreement (REPO) auction for commercial banks and financial institutions was held at Bangladesh Bank on Wednesday, officials said.
Two bids of 1-day tenor amounting total of BDT 1.53 billion were received and all the bids were accepted, according to the auction result.
“The rate of interest of Reverse REPO was 3.50 percent per annum,” a central bank statement said.
BBN/SI/AD-15Sept10-7:59 pm (BST)
