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

One bid of 1-day tenor amounting to BDT 880 million was received as special REPO and bid of 1-day tenor amounting to BDT 500 million was accepted. The rate of interest of Special Repo was 10.25 percent.

BBN/SSR/AD-05Mar14-11:33 am (BST)