DMD Circular Letter No. 08: Auction of Central Bank Repo

50119

Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.

Data Management Department

16 Asharh 1431
Date: -------------------
30 June 2024

DMD Circular Letter No.-08

Managing Director/Chief Executive All Scheduled Banks and Financial Institutions of Bangladesh.

Dear Sir,

Regarding the Auction of Central Bank Repo with Bangladesh Bank.

With reference to the earlier circulars issued regarding Repo for strengthening the country's money market and improving currency management, specifically Circular No. CDS-120/2002-3 dated 18/06/2002 and DMD Circular No.-1 dated 06/06/2018, it is hereby informed that from July 2024, the Auction of Central Bank Repo will be held twice a week on Mondays and Wednesdays, instead of every working day (if a holiday falls, it will be held on the next working day).

This directive will take effect immediately.

Yours faithfully,

(Istekmal Hossain)
Director (DMD)
Phone: 9530131
E-mail: istequemal.hussain@bb.org.bd

Phone: 88-02-9550448, 9554896, IP: 88-02-56665001-6, Fax: 88-02-9530479, www.bb.org.bd