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 total of BDT 4.77 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-19Oct10-3:57 pm (BST)