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

One bid of 1-day tenor amounting to BDT 1.80 billion was received and the bid was accepted. The rate of interest of reverse REPO was 3.50 percent per annum.

BBN/SI/AD-29Nov10-1:28 am (BST)