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 1.90 billion was received and the bid was accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-30May13-8:42 am (BST)