BB reschedules treasury auctions, repo & secondary trade timings for Ramadan

Business Desk :

Bangladesh Bank (BB) on Tuesday announced a new schedule for treasury instrument auctions, repo operations, and secondary trading, which will be 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 revised timings have been set for all scheduled banks and financial institutions operating in Bangladesh.

According to the circular, the central bank’s financial market operations follow a structured schedule, with most activities beginning at 9:30 AM. Auctions for Treasury Bills, Bonds, Sukuk, BGIIB, and BB Bills, along with the Islamic Banks Liquidity Facility (IBLF), are the first to close at 11:30 AM. This is followed by Secondary Trade (TWS), which concludes at 1:30 PM, and the Central Bank Repo and Standing Deposit Facility (SDF), which remain open until 1:30 PM.

In the afternoon, the Inter Bank Repo and Secondary Trade (OTC) operate until 2:30 PM, while the Standing Lending Facility (SLF) provides a final window of activity from 1:30 PM to 3:30 PM.

Furthermore, all activities on the EDS Money platform can be conducted from 9:30 AM to 3:45 PM. The central bank clarified that the existing regular schedule for these transactions and auctions will resume after the holy month of Ramadan ends.