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

Two bids of 1-day tenor amounting to BDT 1.40 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-20Jan13-9:58 am (BST)