Regulatory Alerts2025-03-24
Added
DMD Circular Letter No. 09: Auction of Central Bank Repo
The circular amends the schedule for Central Bank Repo auctions by replacing the previous seven-day, fourteen-day, and twenty-eight-day tenor auctions with a single weekly auction held every Tuesday, or the next working day if Tuesday is a holiday, effective from April 10, 2025. This change applies to all scheduled banks and finance companies operating in Bangladesh to streamline liquidity management in the interbank money market.
50119
Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.
Department of Data Management
DMD Circular Letter No. 09 Date: 10 Chaitra 1431 24 March 2025
Managing Director / Chief Executive All Scheduled Banks and Finance Companies operating in Bangladesh.
Dear Sir,
Regarding the Auction of Central Bank Repo.
Reference is drawn to your attention to DMD Circular Letter No. 12 issued on 21 October 2024 on the above subject.
- In order to further expedite the operations of the Interbank Money Market and streamline liquidity management, Section 2(c) of the aforementioned circular is amended as follows:
Instead of the currently prevalent seven-day, fourteen-day, and twenty-eight-day tenor repo auctions, a single weekly auction for seven-day and fourteen-day tenor repo will be held every Tuesday (or the next working day if Tuesday is a holiday) starting from 10 April 2025.
Furthermore, all other instructions mentioned in the said circular letter will remain unchanged.
Yours faithfully,
(Istekmal Hossain) Director (DMD) Phone: 9530131 E-mail: istequemal.hussain@bb.org.bd
Phone: 88-02-9550448, 9554896, IP: 88-02-55662001-6, Fax: 88-02-953049, www.bb.org.bd