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 1.0 billion was received and the bid was accepted. The rate of interest of Reverse REPO was 5.25 percent.

BBN/SSR/AD-27Oct11-7:56 am (BST)