2024-03-07

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.

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

Department of Management and Development

23 Falgun 1430 Date: ------------------- 07 March 2024

DMD Circular Letter No.-03

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

Dear Sir,

Regarding the revised time schedule for transactions in Treasury Bills and Bonds, Bangladesh Bank Bill Auction, Repo, ALS, IBLF, Secondary Trade (OTC & TWS), and the EDSMoney platform during the holy month of Ramadan.

The bidding time schedule for the auctions of Bangladesh Government Treasury Bills and Bonds, Bangladesh Government Islamic Investment Bonds, Bangladesh Bank Bills, Central Bank Repo, Inter Bank Repo, Standing Deposit Facility (SDF), Standing Lending Facility (SLF), Assured Liquidity Support (ALS), and Islamic Banks Liquidity Facility (IBLF) during the holy month of Ramadan is determined as follows:

Auction ActivityApplicable Time Schedule during Ramadan
1.Bangladesh Government Treasury Bill/Bond/Sukuk/Bangladesh Government Islamic Investment Bond / Bangladesh Bank Bill Auction9:30-11:30
2.IBLF9:30-11:30
3.Central Bank Repo/SDF/ ALS9:30-1:30
4.SLF9:30-3:00
5.Inter Bank Repo/ Secondary Trade (OTC)9:30-2:30
6.Secondary Trade (TWS)9:30-1:30
  1. In addition, all activities on the EDSMoney platform will be conducted from 9:30 AM to 3:45 PM. It is noted that the current normal time schedule will come into effect after the holy month of Ramadan has passed.

Yours faithfully,

(Intekmal Hossain) Director (DMD) Phone: 02-9530131

Phone: 88-02-9550448, 9554896, IP: 88-02-55865001-6, Fax: 88-02-9530479, www.bb.org.bd