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 4-day tenor amounting to BDT 2.35 billion was received and the bid was accepted. The rate of interest of Reverse REPO was 5.25 percent.

BBN/SSR/AD-06Oct11-12:02 pm (BST)