DMD Circular Letter No. 09: Appointment of Citizens Bank PLC as Primary Dealer

20119

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

Department of Market Development

22 Kartik, 1430
Date: --------------------------
07 November, 2023

DMD Circular Letter No.-09

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

Dear Sir,

Regarding the appointment of Citizens Bank PLC as Primary Dealer.

With the aim of activating the secondary market for the issuance and subsequent purchase-sale of Treasury Bills and Bonds of the Government of Bangladesh, Citizens Bank PLC was provisionally approved as a Primary Dealer for government securities for one year through DMD Circular Letter No.-08 dated 29/09/2022. Now, considering the activities of the past one year in the primary and secondary markets, approval is hereby granted to Citizens Bank PLC to conduct regular operations as a permanent Primary Dealer.

Yours faithfully,

(Istekmal Hossain)
Director (DMD)
Phone: 9530131
E-mail: istequemal.hussain@bb.org.bd

Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-9530479, www.bb.org.bd