Bangladesh, July 24 -- Bangladesh Bank (BB) Yesterday issued a comprehensive Master Circular for the Export Development Fund (EDF), consolidating all previous directives into a single regulatory framework to simplify export financing, enhance transparency, and align the facility with global market standards.Bangladesh Business Analysis

Replacing FE Circular No. 45 of 2017 and subsequent orders, the new framework introduces a pricing mechanism linked to the six-month Secured Overnight Financing Rate (SOFR).

Under the revised structure, the central bank will refinance Authorized Dealers (ADs) at the six-month SOFR plus 0.5 per cent annually, while commercial banks may lend to manufacturer-exporters at six-month SOFR plus 1.5 per cent.

I...