Dhaka, Bangladesh (BBN) - The reverse repurchase agreement (REPO) auction for commercial banks and financial institutions was held at Bangladesh Bank on Wednesday, officials said.
Three bids of 1-day tenor amounting total of BDT4.98 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.
BBN/SI/AD-22Sept10-5:57 pm (BST)
