Bangladesh Securities and Exchange Commission (BSEC) and bourses have accelerated the ongoing joint move for commencing trading of treasury bonds to diversify the country's stock market along with enhancing its depth.
Dr. Shaikh Shamsuddin Ahmed, a BSEC commissioner, said this on Monday at a programme organised by Chittagong Stock Exchange (CSE) to conduct trial trading of treasury bond.
On the day, the port city burse CSE conducted trading of some treasury bonds under the large scale piloting.
"The objective of commencing the trading of treasury bond is to ensure participations of general people in transactions of such bond," said the BSEC commissioner Mr. Ahmed.
CSE chairman Asif Ibrahim, joint secretary of the financial institutions division Dr. Nahid Hasan, joint secretary of finance division Md. Firoz Ahmed, and executive director of the securities regulator Md. Saifur Rahman, among others, attended the CSE's programme.
Meanwhile, Dhaka Stock Exchange (DSE) recently has conducted a transaction of T-bonds on a trial basis through a virtual programme.
The DSE officials said they are likely to commence the trading of such T-bond within two months on completion of necessary preparations.
mufazzal.fe@gmail.com