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

Three bids of 1-day tenor amounting total of BDT 5.00 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-04Mar14-10:02 am (BST)