Rule · BB · 27 Feb 2025
The Department of Monetary Management (DMD) of Bangladesh Bank establishes a revised time schedule for government bill/bond auctions, Sukuk and BGIIB auctions, open market operations, interbank repo, secondary trade (OTC & TWS), and EDSMoney platform transactions to be observed by all scheduled banks and financial institutions during the holy month of Ramadan. The circular specifies distinct operating hours for each transaction type, ranging from 9:30 AM to 11:30 AM for primary auctions and OMOs, up to 2:30 PM or 3:45 PM for secondary trades and the EDSMoney platform, with normal schedules resuming immediately after Ramadan concludes.
Bangladesh Bank
(Department of Monetary Management)
Head Office
Motijheel, Dhaka-1000
Bangladesh
Phone: 88-02-9530010-75, 9530700-59, Fax: 88-02-9566212, Email: dmd@bb.org.bd February 27, 2025
Managing Director/Chief Executive Officer
All Scheduled Banks and Financial Institutions Operating in Bangladesh
Dear Sir,
Re: Revised time schedule for Treasury Bill/Bond, Sukuk and BGIIB Auction, Open Market Operation, Inter Bank Repo, Secondary Trade (OTC & TWS) and EDSMoney platform transactions during the holy month of Ramadan.
The time schedule for Bangladesh Government Treasury Bill/Bond, Sukuk and Bangladesh Government Islamic Investment Bond (BGIIB) Auction, Open Market Operation, Inter Bank Repo, Secondary Trade (OTC & TWS) and EDSMoney platform transactions during the holy month of Ramadan is determined as follows:
| S.No | Related Activity | Applicable Time Schedule During Ramadan |
|---|---|---|
| 1. | Primary Auction of Treasury Bills/Bonds/Sukuk (PAABSS) / Primary Auction of Islamic Bonds | 9:30 AM to 11:30 AM |
| 2. | Open Market Operations (OMO) | 9:30 AM to 11:30 AM |
| 3. | Inter Bank Repo / Inter Bank Reverse Repo (IBR/IBRR) / Overnight Call Money (OCM) | 9:30 AM to 1:30 PM |
| 4. | Inter Bank Forward Repo (IBFR) | 1:30 PM to 3:30 PM |
| 5. | Open Market Sale/Purchase (OMS/OMP) | 9:30 AM to 2:30 PM |
| 6. | Secondary Trade (ST) | 9:30 AM to 1:30 PM |
Furthermore, 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 resume immediately after the holy month of Ramadan has passed.
Yours faithfully,
(Isteyak Hossain)
Director (DMD)
Phone: 02-9530131
DMD Circular Letter No.-08
14 Falgun 1431
Date: ------------------
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