Results reverse REPO auction

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

Eight bids of 1-day tenor amounting total of BDT 28.05 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent, according to the auction result.

BBN/SSR/AD-27Feb14-1:02 pm (BST)

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