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

Two bids of 1-day tenor amounting to BDT 4.17 billion were received and all the bids were accepted. The rate of interest of reverse Repo was 5.25 percent.

BBN/SSR/AD-10Mar14-9:18 am (BST)