The Bangladesh Bank (BB) has decided to introduce 90-day and 180-day tenure bills alongside the existing 7-day, 14-day, and 30-day bills.
This move aims to enhance the implementation of monetary policy and improve liquidity management within the banking system, according to a circular issued on Wednesday.
In the circular, the central bank outlined the details of the new instruments.
As part of this decision, Bangladesh Bank will conduct auctions for the newly introduced bills, adhering to the previously established rules and regulations governing such processes. This measure is expected to provide banks with more flexibility in liquidity management and align monetary operations with broader economic goals.