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

One bid of 3-day tenor amounting to BDT 1.80 billion was received and the bid was accepted.

“The rate of interest of Reverse REPO was 5.25 percent per annum,” a central bank statement said.

BBN/SSR/AD-06Jan12-8:08 am (BST)