Thrust on making T-bills,bonds attractive
Tuesday, 21 October 2008
FE Report
The fifth meeting of Primary Dealers Bangladesh Limited was held at Prime Bank head office in the city Monday.
Primary Dealers Chairman and Sonali Bank Ltd CEO SA Chowdhury presided over the meeting.
Prime Bank Managing Director M Ehsanul Haque Ltd gave vote of thanks at the meeting.
Managing directors/deputy managing directors and the treasury heads of member banks and financial institutions were present at the meeting.
Prime Bank, Sonali Bank, Janata Bank, Uttara Bank, South east Bank, Jamuna Bank and NCC Bank from banking sector and International Leasing and Financial Services Limited from non-banking financial institutions are the members of the association.
The association has been working to create and develop a strong market mechanism for government treasury bills and bonds. Various aspects of making the treasury bills and bonds more attractive to the potential investors were discussed at the meeting.
Ehsanul Haque emphasised some points to make the association stronger like involving the central bank to strengthen market mechanism, undertaking awareness building campaign among NRBs to promote government bills and bonds to them.
He also suggested arranging meetings and workshops with the central bank and other relevant associates at regular intervals and strengthening secondary market by motivating potential global investors involving development partners.
The fifth meeting of Primary Dealers Bangladesh Limited was held at Prime Bank head office in the city Monday.
Primary Dealers Chairman and Sonali Bank Ltd CEO SA Chowdhury presided over the meeting.
Prime Bank Managing Director M Ehsanul Haque Ltd gave vote of thanks at the meeting.
Managing directors/deputy managing directors and the treasury heads of member banks and financial institutions were present at the meeting.
Prime Bank, Sonali Bank, Janata Bank, Uttara Bank, South east Bank, Jamuna Bank and NCC Bank from banking sector and International Leasing and Financial Services Limited from non-banking financial institutions are the members of the association.
The association has been working to create and develop a strong market mechanism for government treasury bills and bonds. Various aspects of making the treasury bills and bonds more attractive to the potential investors were discussed at the meeting.
Ehsanul Haque emphasised some points to make the association stronger like involving the central bank to strengthen market mechanism, undertaking awareness building campaign among NRBs to promote government bills and bonds to them.
He also suggested arranging meetings and workshops with the central bank and other relevant associates at regular intervals and strengthening secondary market by motivating potential global investors involving development partners.