Bangladesh Bank has announced a special auction of 91-day treasury bills to raise Tk 5,000 crore for the government. The auction is scheduled for April 1, according to a senior central bank official. The initiative comes amid increased liquidity in the banking sector, with banks recently depositing around Tk 11,500 crore through the Standing Deposit Facility.

Central bank sources said the government typically requires large sums of money toward the end of the fiscal year. As funds are currently available from banks at a cost lower than the policy rate, the government is taking advantage of this situation to borrow for 91 days. Officials clarified that the move is not due to debt pressure but rather an effort to manage excess liquidity in the banking system.

The banking sector is currently in a strong liquidity position, supported by rising remittance inflows and slower private investment due to the Middle East crisis. Sources added that upcoming grants expected by the end of June will help repay the borrowed funds easily, balancing both government financing needs and liquidity management.