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 3.00 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-07Mar14-8:25 pm (BST)