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

Seven bids of 3-day tenor amounting total of BDT 16.36 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-02Mar14-10:12 am (BST)