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

Two bids of 3-day tenor amounting to BDT 400 million were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-24Jan14-8:39 pm (BST)