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

One bid of 1-day tenor amounting to BDT 2.15 billion was received and the bid was accepted. The rate of interest of Reverse Repo was 5.25 percent per annum.

BBN/SSR/AD-12Mar14-9:25 am (BST)