BB announces revised auction, Repo schedule for Ramadan

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BB announces revised auction, Repo schedule for Ramadan

B Mirror Report: The Bangladesh Bank (BB) today announced a revised schedule for treasury instrument auctions, repo operations and secondary market trading, which will remain effective during the upcoming holy month of Ramadan.

According to a circular DMD Circular Letter No-03 issued by the Debt Management Department of the central bank, the adjusted timings will apply to all scheduled banks and financial institutions operating in the country.

As per the circular, the central bank’s financial market activities will follow a structured timetable, with most operations commencing at 9:30am. Auctions of Treasury Bills, Treasury Bonds, Sukuk, BGIIB and BB Bills, along with the Islamic Banks Liquidity Facility (IBLF), will close at 11:30am.

Secondary Trade (TWS) will conclude at 1:30pm, while the Central Bank Repo and Standing Deposit Facility (SDF) will also remain open until 1:30pm.

In the afternoon session, Inter Bank Repo and Secondary Trade (OTC) will continue until 2:30pm. The Standing Lending Facility (SLF) will operate from 1:30pm to 3:30pm, providing the final window for transactions.

Additionally, all activities on the EDS Money platform can be conducted between 9:30am and 3:45pm.

The central bank further stated that the existing regular schedule for these auctions and transactions will resume after the end of Ramadan.

 

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