Dhaka, Bangladesh (BBN)- The reverse repo auction for commercial banks and financial institutions was held at Bangladesh Bank on Thursday, officials said.
Four bids of 3-day tenor amounting total of BDT 9.80 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.
BBN/SSR/SI-21Oct10-8:13 pm (BST)