Regulatory Alerts2024-03-07
Added
DMD Circular Letter No. 03: Time schedule of Bangladesh Government Bill/Bond Auction, Bangladesh Bank Bill Auction, Repo, ALS, IBLF & EDSMoney platform transaction during Ramadan
The Department of Management and Development (DMD) of Bangladesh Bank establishes a revised transaction time schedule for the holy month of Ramadan for Government Treasury Bills/Bonds, Islamic Investment Bonds, Bangladesh Bank Bills, Central Bank Repo, Standing Deposit Facility (SDF), Standing Lending Facility (SLF), Assured Liquidity Support (ALS), Islamic Banks Liquidity Facility (IBLF), Inter-Bank Repo, and Secondary Trade. The circular specifies distinct bidding and trading windows for each instrument, ranging from 9:30 AM to 1:30 PM or later, and extends EDSMoney platform operations until 3:45 PM. These adjusted schedules apply exclusively during Ramadan and revert to the standard normal schedule immediately after the month concludes.