Regulatory Alerts2014-11-02
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DID Circular Letter No. 01: Regarding the investment of Deposit Insurance Trust Fund on Inter-Bank Repo
The Deposit Insurance Trust Fund (DITF) will henceforth invest its funds in interbank REPO transactions involving government treasury bonds, as decided by the Trustee Board of the Deposit Insurance Trust Fund. This directive applies to all scheduled banks operating in Bangladesh. Interested scheduled banks are requested to contact the Deposit Insurance Department of Bangladesh Bank.
Bangladesh Bank Head Office Post Box No.-325 Deposit Insurance Department Dhaka Website: www.bangladesh-bank.org www.bangladeshbank.org.bd DID Circular Letter No - 01 Managing Director/Chief Executive All Scheduled Banks in Bangladesh Dear Sir, Regarding the Investment of Funds of Deposit Insurance Trust Fund (DITF) on Interbank REPO. All the scheduled banks working in Bangladesh are hereby informed that henceforth, the funds of Deposit Insurance Trust Fund (DITF) will be invested in interbank REPO vis-à-vis in government treasury bonds as per decision of Trustee Board of Deposit Insurance Trust Fund. Interested scheduled banks are requested to contact with the Deposit Insurance Department of Bangladesh Bank. Please acknowledge the receipt. Yours faithfully, (Maksuda Begum) Deputy General Manager Phone- 9530243 E-mail: gm.did@bb.org.bd 18 Kartik, 1421 02 November, 2014 Date:
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