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

Ten bids of 1-day tenor amounting total of BDT 30.05 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-26Feb14-9:30 am (BST)