Dhaka, Bangladesh (BBN)- The reverse repurchase agreement (REPO) auction for commercial banks and financial institutions was held at Bangladesh Bank on Thursday, officials said.
One bid of 1-day tenor amounting to BDT 300 million was received and the bid was accepted.
The rate of interest of Reverse REPO was 5.75 percent per annum, according to the auction result.
BBN/SSR/AD-16July12-9:19 am (BST)