Dhaka, Bangladesh (BBN)- The reverse REPO auction for commercial banks and financial institutions was held at Bangladesh Bank on Thursday, officials said.
Four bids of 3-day tenor amounting total of BDT 23.97 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.
BBN/SSR/AD-28Oct10-6:50 pm (BST)