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 1.40 billion was received and the bid was accepted. The rate of interest of Reverse REPO was 5.25 percent, according to the auction result.

BBN/SSR/AD-03Oct11-10:47 am (BST)