Dhaka, Bangladesh (BBN)- The reverse REPO auction for commercial banks and financial institutions was held at Bangladesh Bank on Sunday, officials said.
Four bids of 1-day tenor amounting total of BDT 10.60 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.
BBN/AD/SI-07Nov10-6:40 pm (BST)