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

Three bids of 3-day tenor amounting to BDT6.35 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-14Mar14-8:34 pm (BST)