Regulatory Alerts2016-04-05
Added · Updated
DMD Circular No. 03: Regarding Introduction of 7 and 14 Day BB Bills
The Bangladesh Bank introduces 7-day and 14-day maturity Bangladesh Bank Bills alongside the existing 30-day bills, with auctions for all three tenors to be held daily. The existing regulations and procedures for Bangladesh Bank Bill issuance, as outlined in the FRTEMDS 154/2006-1661 letter dated 21/09/06, apply to these new tenors. These directives become effective from 06/04/2016 for all scheduled banks and financial institutions operating in Bangladesh.
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