Dhaka, Bangladesh (BBN)- The reverse REPO auction for commercial banks and financial institutions was held at Bangladesh Bank on Wednesday, officials said.
Four bids of 1-day tenor amounting total of BDT 11.26 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 3.50 percent per annum.
BBN/SSR/SI-03Nov10-6:38 pm (BST)