DHAKA, March 31, 2020 (BSS) – Bangladesh Bank (BB) has taken a decision to
keep open the operation of repurchase agreement (Repo) and interbank call
money market in a limited scale during the general holidays for managing the
liquidity risk due to interbank transactions.
“Interested banks will submit Repo tender in the securities department of
the Bangladesh Bank Motijheel office within 12.30pm after filling up
necessary forms as per rules,” according to a BB circular issued here today.
The participating banks in the interbank call money market will send their
transactions statement to the Debt Management Department within 12.30pm, the
circular added.
Earlier, the central bank took a decision to keep open the Bangladesh
Automated Clearing House (BACH) in a limited scale during the ongoing general
holidays.
Banking activities are running in a limited scale in the week to facilitate
the financial transactions for the clients during the ongoing general
holidays due to coronavirus outbreak.