How do you pronounce the abbreviation ibid from Latin?

I don't know how the ancient Romans pronounced it but I've always heard it pronounced as "eh" as something you'd say while shrugging, and "bid" as something you'd do at an auction.Ibid. (Latin, short for ibidem, meaning the same place) is the term used to provide an endnote or footnote citation or reference for a source that was cited in the preceding endnote or footnote.