Dhaka, Bangladesh (BBN) – The Reverse REPO auction for commercial banks and financial institutions was held at Bangladesh Bank on Thursday, officials said.

One bid of 3-day tenor amounting to BDT 600 million was received and the bid was accepted. The rate of interest of Reverse REPO was 5.25 percent.

BBN/SSR/AD-25Nov11-3:11 pm (BST)