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

Two bids of 1-day tenor amounting total of BDT 3.50 billion were received and all the bids were accepted. The rate of interest of Reverse REPO was 5.25 percent per annum. 

BBN/SSR/AD-30Nov11-11:28 am (BST)