Bangladesh Bank

Debt Management Department   gm.dmd@bb.org.bd

Name & Designation Email Telephone Fax
Kazi Sayedur RahmanDeputy Governor880-2-9530401--
Syed TariquzzamanExecutive Director880-2-9530218--
Khondaker Siddiqur RahmanGeneral Manager (G)880-2-9530131--
Bangladesh Bank Order-1972, article 20 and Treasury rules-1998 (Appendix-1, Section-3) empowers Bangladesh Bank for the issue and management of Government securities. As per the above mentioned laws & regulations the Debt Management Department acts as the Debt Manager of the Government in consultation with the Ministry of Finance of the Government of Bangladesh. The main activity of the department is to manage the internal debt of Government. The Department also regulates and supervises the Primary Dealers System. It has the responsibility for development of Government Securities Market. Along with the management of marketable securities, the Department also handles policies and administrative matters pertaining to the flotation of non-marketable National Savings instruments i.e. Sanchayapatras and Sanchayabonds.
The major functions of the Department:
1. Formulation of policies regarding issuance of Government securities;
2. Preparation of auction calendar for issuance of Treasury Bills and Treasury Bonds;
3. Handling operational and administrative matters pertaining to the issue of Special Treasury Bills & Bonds;
4. Authorization, regulation and supervision of the Primary Dealer System;
5. Developing the market activities like introduction of new instruments, development of clearing and settlement systems and widening of investor base for Government securities;
6. Promoting a well functioning debt securities market through building up of a long term yield curve and benchmark securities;
7. Strengthening the institutional and legal framework with a view to attract more investment in Govt. securities;
8. Clarification and implementation of policies relating to Sanchayapatras and Sanchayabonds;
9. Taking measures specially against the fraud and forgery of non-marketable Government securities;
10Implementation of the suggestions of Cash and Debt Management Committee (CDMC) regarding development of Secondary Bond Market;"
11Preparation of weekly Yield Curve for Treasury Bills and Treasury Bonds based on primary auction;
12Trading in Treasury Bills and Treasury Bonds in secondary market;
13Preparation of annual budget for Government internal debt servicing;
14Monitoring the overnight money market through analysis of daily and monthly consolidated statements of the call money transactions.