A bell-ringing ceremony for the debut trading of BRAC Bank's Tk 7.0-billion second subordinated bond was held at the DSE Tower at Nikunja recently. Tareq Refat Ullah Khan, Managing Director & CEO, BRAC Bank; and Nuzhat Anwar, Managing Director, Dhaka Stock Exchange; attended the event. BRAC Bank PLC's Tk 7.0-billion second subordinated bond was listed on the Alternative Trading Board (ATB) of Dhaka Stock Exchange PLC (DSE) on May 12 under the ticker symbol 'BBL2NDSB'.
To mark the listing, a bell-ringing ceremony was held at the DSE Tower at Nikunja, attended by senior officials of BRAC Bank, Dhaka Stock Exchange, BRAC EPL Investments Limited and UCB Investment Limited.
On its first trading day, the bond recorded transactions worth Tk 23 million, reflecting encouraging investor participation and growing interest in the fixed-income securities market in Bangladesh, says a press statement.
Tareq Refat Ullah Khan, Managing Director & CEO, BRAC Bank; and Nuzhat Anwar, Managing Director, Dhaka Stock Exchange; attended the Bell Ringing Ceremony.
From Dhaka Stock Exchange, Mohammad Asadur Rahman, Chief Operating Officer; and Md Abid Hossain Khan, Chief Financial Officer; were present while from BRAC Bank, M Masud Rana, Additional Managing Director & CFO; Nazmul Ahsan, Head of Treasury; and Kazi Raquib-Ul Huq, Head of Capital Market and Wealth Management; were present.
Tanzim Alamgir, Managing Director & CEO, UCB Investment, the trustee of the bond, and Syed Rashed Hussain, Chief Executive Officer, of BRAC EPL Investments, the Lead Arranger of the issuance; were also present.
Issued in 2024, the BRAC Bank 2nd Subordinated Bond is a seven-year, non-convertible, fully redeemable, coupon-bearing floating-rate instrument aimed at strengthening the bank's Tier-II capital base.
The bond attracted participation from 663 investors, of whom 82% were individual investors.
© 2026 - All Rights with The Financial Express
