Dhaka: Bangladesh Bank (BB) has taken a decision to introduce 90-day and 180-day tenure bills in addition to the current 7, 14, and 30 days bills to implement monetary policy and make liquidity management more effective. The central bank's initiative aims to enhance its ability to manage the money supply and stabilize the financial system. According to Bangladesh Sangbad Sangstha, the central bank today issued a circular announcing the introduction of these new financial instruments. This move is part of BB's ongoing efforts to refine its monetary policy tools and ensure more robust control over liquidity in the banking sector. By offering longer-term bills, BB seeks to provide more options for financial institutions to manage their liquidity requirements effectively. The banking regulator will hold auctions for the new bills as per earlier rules and regulations. This aligns with BB's strategy to ensure a smooth transition and integration of the new instruments into the existing framework. The introduction of these bills is expected to contribute positively to the country's financial stability by offering more flexible investment options for banks and financial institutions.
