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

Four bids of 1-day tenor amounting total of BDT 5.45 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.

BBN/SSR/SI-07Oct10-10:41 am (BST)