Bangladesh Securities and Exchange Commission

No. BSEC/Supervision/2020-975/515
November 15, 2021

Order

In consideration of the protection of investors' interests, the Bangladesh Securities and Exchange Commission, under Rule 36 of the Securities and Exchange Commission (Merchant Banker and Portfolio Manager) Rules, 1996, and pursuant to the powers conferred by Margin Loan Directive No. 6(1) mentioned in the Schedule, hereby directs that margin loans may be provided to any listed securities at a ratio of 1:0.80, i.e., 80% of the margin or client's funds, up to a Price-to-Earnings (P/E) ratio of 40 (forty), until further order.

Along with this, the Commission's Margin Loan Directive No. BSEC/Supervision/2020/975-239 dated August 12, 2021, is hereby cancelled.

This order shall come into force immediately.

By Order of the
Bangladesh Securities and Exchange Commission

Professor Shiblly Rubaiyat-ul-Islam
Chairman

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Securities Commission Bhaban, E-6/C Agargaon, Sher-e-Bangla Nagar Administrative Area, Dhaka-1207, Bangladesh Phone (PABX): +88-02-55007131-2, Fax: +88-02-55007106, Email: info@sec.gov.bd, Web: www.sec.gov.bd