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

One bid of 1-day tenor amounting to BDT 3.00 billion was received and the bid was accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-07Apr14-7:59 pm (BST)