The securities regulator has abolished its previous directive on listing
of only 5-year and 10-year Treasury Bonds paving the way of listing,
trading and spot settlement of all kinds of treasury bonds, officials
said.
The Bangladesh Securities and Exchange Commission (BSEC) said this in a directive issued Sunday. It was signed by BSEC Chairman Professor K Khairul Hossain.
"BSEC considers it to be expedient in the interest of capital market and investors in securities, certain previous directive on listing as well trading and settlement of 5-year and 10-year Bangladesh Govt. Treasury Bond, should be repealed," the BSEC's directive said.
"Now, therefore, in exercise of power conferred by section 20A of the Securities and Exchange Ordinance, 1969, the commission hereby repeals its directive issued on December 19, 2004," the BSEC directive added.
Officials of Dhaka Stock Exchange (DSE) said the premier bourse so far gave listing to all kinds of treasury bonds and internally created the facility of their trading and spot settlement although previous directive only spoke for listing of two kinds of bonds.
"Due to Next Generation Automated Trading launched recently, trading and spot settlement of Treasury Bonds has become easier. That's why the securities regulator Sunday formally lifted the bar of listing, trading and spot settlement of Treasury Bonds issued for any tenure," the DSE official said.
Presently, there are 221 Treasury Bonds listed with the premier bourse.
mufazzal.fe@gmail.com
The Bangladesh Securities and Exchange Commission (BSEC) said this in a directive issued Sunday. It was signed by BSEC Chairman Professor K Khairul Hossain.
"BSEC considers it to be expedient in the interest of capital market and investors in securities, certain previous directive on listing as well trading and settlement of 5-year and 10-year Bangladesh Govt. Treasury Bond, should be repealed," the BSEC's directive said.
"Now, therefore, in exercise of power conferred by section 20A of the Securities and Exchange Ordinance, 1969, the commission hereby repeals its directive issued on December 19, 2004," the BSEC directive added.
Officials of Dhaka Stock Exchange (DSE) said the premier bourse so far gave listing to all kinds of treasury bonds and internally created the facility of their trading and spot settlement although previous directive only spoke for listing of two kinds of bonds.
"Due to Next Generation Automated Trading launched recently, trading and spot settlement of Treasury Bonds has become easier. That's why the securities regulator Sunday formally lifted the bar of listing, trading and spot settlement of Treasury Bonds issued for any tenure," the DSE official said.
Presently, there are 221 Treasury Bonds listed with the premier bourse.
mufazzal.fe@gmail.com
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