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 10.07 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.

BBN/SSR/AD-25Oct10-7:41 pm (BST)