Regulatory Alerts2026-06-01
DMD Circular Letter No. 08: Publication of an Effective Reference Rate for Bangladesh's Financial Market Money Market Segment
Bangladesh Bank’s Data Management Department issued DMD Circular Letter No. 08 to mandate the daily publication of two new reference rates for the domestic money market segment. Effective 15 April 2026, the central bank will post the transaction-based risk-free Bangladesh Overnight Financing Rate (BOFR) and the unsecured Dhaka Overnight Money Market Rate (DOMMR) on its official website every working day. This directive formally supersedes and rescinds the previous guidelines established in DMD Circular No. 136 dated 21 December 2009.
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Bangladesh Bank (Central Bank of Bangladesh) Main Office Motijheel, Dhaka-1000 Bangladesh.
Data Management Department
DMD Circular Letter No. 08
Date: 01/06/2026
Managing Director/Chief Executive Officer All Scheduled Banks and Finance Companies operating in Bangladesh and Bangladesh Foreign Exchange Dealers Association (BAFEDA).
Dear Sir/Madam,
Regarding the Publication of an Effective Reference Rate for the Money Market Segment of Bangladesh's Financial Market.
Reference is made to DMD Circular No. 03 issued on 13/04/2026 on the aforementioned subject.
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In accordance with the aforementioned circular, starting from 15/04/2026, the actual transaction-based risk-free money market reference rate, Bangladesh Overnight Financing Rate (BOFR), and the unsecured money market reference rate, Dhaka Overnight Money Market Rate (DOMMR), are being published on the Bangladesh Bank website every working day.
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In this regard, the guidelines mentioned in DMD Circular No. 136, dated 21/12/2009, are hereby rescinded.
Yours faithfully,
(Signature) (Intekham Hossain) Director (DMD) Phone: 9530131.
Phone: 88-02-9550448, 9554899, IP: 88-02-55665001-6, Fax: 88-02-9530479, Web: www.bb.org.bd