Bangladesh, April 6 -- Bangladesh Bank (BB) is set to hold a special auction of 91-day treasury bills worth Tk5,000 crore on 8 April, taking the total raised through such auctions this month to Tk10,000 crore.

A senior central bank official told the media on 5 April that the move is aimed at meeting the government's growing financing requirements.

Bankers say the government is increasingly relying on the banking sector to manage revenue shortfalls and rising expenditure pressures.

At the same time, excess liquidity in the financial system has created room for such borrowing.

A senior official at a private sector bank noted that around Tk11,500 crore had been parked in the standing deposit facility (reverse repo) by the end of last mon...