Briefing 2023-06-25
Sunday, 25 June 2023
T-bonds accessibility guidelines fall short in stimulating market
The Bangladesh Securities and Exchange Commission (BSEC) has outlined guidelines for general investors to participate in T-bond auctions, aiming to enhance accessibility. However, experts argue that the bond market won't thrive unless the government increases T-bond availability and encourages institutional funds to invest. Lower interest rates will discourage primary dealer banks and individual investors. Page 9
BPL to kick off after national election
The next edition of the Bangladesh Premier League (BPL) is all set to kick off after the National Parliamentary Election. BPL governing council secretary IH Mallick informed the development on Saturday after discussing with the security agencies of Bangladesh. The BPL secretary is keen to hold the players' draft in September this year in a bid to give the franchisees time to prepare the team properly. Page 13
White House monitoring situation in Russia
The White House was following the situation in Russia after the head of the Wagner mercenary group called for an "armed mutiny" against Moscow top brass, a spokesman said Friday, adding that President Joe Biden had been briefed. "We are monitoring the situation and will be consulting with allies and partners on these developments," National Security Council spokesman Adam Hodge said. Page 14