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

Two bids of 2-day tenor amounting total of BDT 2.60 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent per annum.   

BBN/SRR/SI-06Dec11-3:51 pm (BST)