Regulatory Alerts2023-01-26
Added
DMD Circular Letter No. 02: Appointment of Rupali Bank Limited as Primary Dealer
Bangladesh Bank approves Rupali Bank Limited to continue operating as a primary dealer for government securities on a regular basis, following a one-year approval granted in December 2021. This decision is based on the bank's performance in primary and secondary markets over the past year. The directive becomes effective from January 2, 2023, and applies to all scheduled banks and financial institutions operating in Bangladesh.
50119
Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.
Debt Management Department
Date: 11 Magh, 1429 Bangabda 26 January, 2023 AD
DMD Circular Letter No.-02
Managing Director/Chief Executive All Scheduled Banks and Financial Institutions operating in Bangladesh.
Dear Sir,
Regarding the appointment of Rupali Bank Limited as Primary Dealer.
It is informed for your information that Rupali Bank Limited was approved as a primary dealer for government securities for a period of one year through DMD Circular Letter No.-09 dated 30/12/2021, with the aim of activating the secondary market for the issuance and post-issuance purchase-sale of Treasury Bills and Bonds of the Government of Bangladesh. Now, considering the program activities of the past one year in the primary and secondary markets, Rupali Bank Limited has been approved to continue its regular activities as a primary dealer.
This directive shall be deemed effective from 02 January, 2023.
Yours faithfully,
(Khondaker Siddiqur Rahman) Director (DMD) Phone: 9530131 E-mail: khondaker.rahman@bb.org.bd
Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-9530479, www.bb.org.bd