Dhaka, Bangladesh (BBN)- The reverse repurchase agreement (REPO) auction for commercial banks and financial institutions was held at Bangladesh Bank on Tuesday, officials said.
Five bids of 1-day tenor amounting total of BDT 22.17 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.
BBN/ANS/AD-28Sept10-8:26 pm (BST)