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

Four bids of 1-day tenor amounting to BDT 14.30 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-04Feb14-12:40 pm (BST)