DMD Circular No. 02: Regarding fixation of fees/charges against service of govt. securities.

50119

Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.

Data Management Department

29 Ashwin, 1431
Date: --------------------
14 October, 2024

DMD Circular No-02

Managing Director/Chief Executive
All Scheduled Banks and Financial Institutions operating in Bangladesh.

Dear Sir,

Regarding the fixation of various fees/charges for providing investment services in Government Securities.

Considering the interests of banks and financial institutions providing customer services related to investment in Government Securities (Treasury Bills and Bonds) and investors, the following fees/charges are fixed for providing various related services:

S.No.	Type of Service	Amount of Fee/Charge (VAT Included) (in Taka)
		Individual Investment	Non-individual/Institutional Investment
A.	Opening of PIDs (PID opened by Bangladesh Bank for investors of Stock Exchange excluded)	Max 200/-	Max 500/-
B.	Participation in Primary Auction (for each successful bid)	Max 200/-	Max 500/- (Max 200/- for bids submitted through omnibus PID by Stock Exchange Broker)
C.	Secondary Trading (FMI)	100/- per transaction	100/- per transaction
D.	Annual (Fiscal Year) PID Maintenance	Max 200/-	Max 500/-
E.	Income Tax Certificate	One certificate free per year, Max 200/- for each subsequent additional certificate	One certificate free per year, Max 500/- for each subsequent additional certificate

2. Except for the aforementioned fees/charges, no type of fee/charge shall be levied for providing other services related to Government Securities (e.g., payment of profit/coupon/principal, Allotment/Holding Report, PID locking, etc.).

3. This directive shall take effect immediately.

Yours faithfully,

(Intekhum Hossain)
Director (DMD)
Phone: 9530131

Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-9530479, www.bb.org.bd