Dhaka, Bangladesh (BBN)- The reverse repurchase agreement (REPO) auction for commercial banks and financial institutions was held at Bangladesh Bank on Monday, officials said.
Two bids of 1-day tenor amounting total of BDT 2.20 billion were received and all the bids were accepted, according to auction result.
The rate of interest of Reverse REPO was 3.50 percent per annum.
BBN/SI/AD-20Sept10-8:35 pm (BST)
