Regulatory Alerts2014-01-22
Added · Updated
DMD Circular No. 01 Regarding Investment in Government Securities by Individuals
Scheduled banks and financial institutions in Bangladesh are advised to actively facilitate their individual customers in buying and selling government securities, including Treasury Bills and Bangladesh Government Treasury Bonds, by providing required information and necessary cooperation. These entities must open Business Partner IDs for individual and institutional customers in the Market Infrastructure Module to enable participation in auctions and secondary market transactions over the counter or via Trader Work Station. This directive addresses previous shortcomings where individuals did not receive adequate support despite existing eligibility rules for both resident and non-resident investors.
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