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

Four bids of 1-day tenor amounting total of BDT 20.15 billion were received and all the bids were accepted.

The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-19Mar14-7:57 pm (BST)