Currently, in Bangladesh, there is no secondary market activity of the bonds and it makes the bond market almost non-functional. The recent reforms of the capital market will help to achieve the expected levels of economic growth, he added. But there should be specific directives for introducing a secondary bond market where government-sponsored bonds can be traded. Treasury bonds of five, 10 and 15 years of tenure began to be listed on the Dhaka bourse from 2005. The committee suggested that the government provide policy support to engage non-resident Bangladeshis in the country’s bond market and give fiscal support for the investors for the development of the secondary bond market.

Source: Dhaka Tribune December 28, 2020 20:03 UTC