Regulatory Alerts2023-03-20
Added
DMD Circular Letter No. 03: Time schedule of Bangladesh Government Bill/Bond Auction, Bangladesh Bank Bill Auction, Repo, ALS & EDSMoney platform transaction during Ramadan
The Department of Market Development of Bangladesh Bank establishes specific bidding and transaction time schedules for various financial instruments, including Government Treasury Bills/Bonds, Sukuk, Bangladesh Bank Bills, Central Bank Repo, Reverse Repo, Special Repo, Assured Liquidity Support (ALS), Inter Bank Repo, and Secondary Trades, during the holy month of Ramadan. The circular specifies distinct operating hours for each instrument type, ranging from 9:30 AM to 1:30 PM or later, and sets the EDSMoney platform transaction window from 9:30 AM to 3:45 PM. These adjusted schedules apply exclusively during Ramadan and will revert to the normal schedule immediately after the month concludes.
Topics
monetary
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