BSEC rules on debt securities gazetted

A gazette notification has been published on the rules earlier framed for issuance of debt securities through private offer or public issue.

The rules styled 'The Bangladesh Securities and Exchange Commission (Debt Securities) Rules-2021' will come into force with immediate effect.

The rules will be applicable to the issuance of all types of debt securities, sukuk, asset-backed securities and others through public issue or private offer as decided by the commission from time to time.

In June 2020, the Bangladesh Securities and Exchange Commission (BSEC) sought public opinion on the draft rules framed for debt securities.

Taking the opinion, the BSEC approved the rules. Finally, a gazette notification was published on Monday.

The rules also paved the way for issuing blue bond for raising funds for investments in such a project or company or organisation that is engaged in marine or ocean or sea or coast-based activities or business related to blue economy or climate or environmental impact in addition to financial returns.

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