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

One bid of 1-day tenor amounting to BDT 1.0 billion was received and the bid was accepted. The rate of interest of reverse REPO was 5.25 percent, according to the auction result.

BBN/SSR/AD-06Nov13-9:48 am (BST)