MPD Circular No. 01: Re-fixation of Interest Rate Corridor (IRC)

Monetary Policy Department
Bangladesh Bank
Head Office, Dhaka. website: www.bb.org.bd
Director (MPD)/Chief Economist

Reference is made to Appendix ‘B’ of MPD Circular No. 02 dated 15 January 2025 regarding the re-fixation of the lower bound of the Interest Rate Corridor (IRC) for the interbank money market.

2. The Bangladesh Bank, as the Monetary Policy Committee, has decided to reduce the lower bound of the interbank money market by 50 basis points to increase interbank liquidity.

3. Accordingly, in accordance with Monetary Policy Circular No. 11, the lower bound of the Interest Rate Corridor for the interbank money market (Call Money Market) is re-fixed by reducing the Standing Deposit Facility (SDF) rate from 8.00% to 7.50%. Furthermore, the upper bound of the Interest Rate Corridor remains unchanged, with the Standing Lending Facility (SLF) rate at 11.50% and the Overnight Rate at 10.00%.

4. This will be effective from February 15, 2026.

Appendix ‘A’ dated: 09 February 2026
26 Bhadra 1432

Approved,
(K.M. Sadur Sazman)
Director (Appendix) (Chorita Dayan)
Copy: 9530082