Bangladesh Bank (BB) has issued some guidelines on uniform accounting procedures for Repo transactions of government securities by all scheduled banks and financial institutions.

In view to help the process of liquidity support, given by the central bank to the primary dealer banks of government securities, it has been decided to consider as Collateralised REPO Transaction instead of outright buy/sell.

The Department of Offsite Supervision (DOS) of BB issued a circular in this regard on Sunday.
The circular said the Collateralised REPO Transaction will only be applicable for taking liquidity support from central bank by the primary dealer banks of government securities.

The Daily Sun/Bangladesh/ 1st Feb 2012