IDLC will act as an intermediary between Bangladesh Bank & relevant investors by providing the following clientele services for individuals & institutions seeking to invest in Government Securities:
For any queries relating to investment in government securities, please contact with:
|Name||Designation||Contact No.||Email ID||Branch Name|
|Nakib Uddin M Sayem||Manager||01708 457 firstname.lastname@example.org||Corporate Head Office|
A Government Security is a tradable debt instrument issued by sovereign Government. Such securities can be short term (usually called treasury bills, with original maturities of less than one year) or long term (usually called Government bonds or dated securities with original maturity of one year or more).
Major G-Secs in Bangladesh are:
a. Treasury Bills (T-Bills)
b. Bangladesh Government Treasury Bond (BGTB)
As per agreement between The Government of Bangladesh and Bangladesh Bank in 1985 (Treasury rules-1998 (Appendix-1, Section-3) and Bangladesh Bank (BB) Order-1972, article 20 empowers BB to issue new loans and manage public debt for the Government.
Upcoming auction details are updated in the following url: https://www.bb.org.bd/monetaryactivity/auc_calendar.php
Minimum investment amount is taka one lac (BDT 100,000) and its multiples.
Yes, any individual can own Government securities in Bangladesh.
Yes, foreigners/non-resident individual/institutions can buy Bangladesh Government Treasury Bonds (BGTB), but not Treasury Bills. Eligible foreign investors are permitted to purchase, sell or transfer Treasury Bonds with any maturity period.
No, premature encashment is not available. However, holder can sell G-Secs in the OTC and secondary markets.