Dhaka, Bangladesh (BBN)- The reverse REPO auction for commercial banks and financial institutions was held at Bangladesh Bank on Thursday, a central bank press statement said on Sunday.
Three bids of 3-day tenor amounting total of BDT 10.80 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.
BBN/SSR/AD-07Nov10-6:30 pm (BST)