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

Two bids of 1-day tenor amounting total of BDT 3.50 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-01Dec11-10:23 am (BST)