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

One bid of 1-day tenor amounting to BDT 2.50 billion was received and the bid was accepted. The rate of interest of reverse REPO was 5.25 percent, according to the auction result.

BBN/SSR/AD-05Jan12-1:14 am (BST)