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

Four bids of 1-day tenor amounting total of BDT 9.40 billion were received and all the bids were accepted.

The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-03Mar14-10:23 am (BST)