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

Three bids of 1-day tenor amounting to BDT 11.90 billion were received and the bids were accepted. The rate of interest of reverse Repo was 5.25 percent.

BBN/SSR/AD-03Feb14-11:10 am (BST)