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DSE conducts third mock-test of T-bond

FE REPORT | July 19, 2022 00:00:00

The country's premier bourse conducted the mock test on treasury bonds for the third time on Monday as the final trading of much-hyped instruments will begin soon.

Mock trading is conducted to assess the preparedness of a system introduced for any formal trading.

Presently, only the listed corporate bonds can be traded through the bourses as the data of such debt instruments are preserved by Central Depository Bangladesh Limited (CDBL).

The representatives of Bangladesh Bank, stakeholder companies, CDBL, Dhaka Stock Exchange, banks, non-bank financial institutions, insurance, merchant banker, asset management companies and authorized provident funds & gratuity funds, took part in the mock session.

Syed Al Amin Rahman, deputy managing director and chief of strategy & programme management department of DSE explained details about the government treasury bonds, says a DSE press release.

Md. Moinul Haque, general manager of CDBL discussed the overall structure of the government securities.

Ruhul Amin, assistant general manager of the IT department and Jishan Muhammad Bin Hasan, assistant general manager of system & market administration of DSE showed the trading system of the government Treasury bond.

Earlier on June 12, stakeholders signed a memorandum of understanding (MoU) to commence trading of Treasury Bonds (T-bonds) aiming to activate the country's bond market.

The representatives of Bangladesh Bank (BB), Bangladesh Securities and Exchange Commission (BSEC), DSE, CSE and CDBL signed the MoU at a programme held at the ministry of finance (MoF).

After commencing the trading of the T-bonds, general investors will be able to purchase and sell T-bonds through the BO (beneficiary owner's) accounts used to conduct trading in the capital market.

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