Dhaka, Bangladesh (BBN) – The reverse REPO auction for commercial banks and financial institutions was held at Bangladesh Bank on Sunday, officials said.

Two bids of 1-day tenor amounting total of BDT 16.70 billion were received and all the bids were accepted.

The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-27Oct13-11:39 pm (BST)