Only 8 treasury bonds traded in 20 days

As many as eight government securities, mostly known as treasury bonds, were traded in 20 days after the resumption of trial trading of these securities on the stock exchanges.

Dr Shaikh Shamsuddin Ahmed, a commissioner of the Bangladesh Securities and Exchange Commission (BSEC), revealed this data while addressing an event as the chief guest held in the capital on Wednesday.

“The reason behind the low trading of government securities is that there remains a wide gap between the demand and supply of treasury bonds in the market, Shamsuddin Ahmed said adding that proper promotional measures were not taken to make investors aware of the treasury bonds’ trading.

“Some rumors in regard with the treasury bonds trading also weakened the investors’ sentiment at the very beginning after the start of the trial trading of government securities. So, promotional campaigns must be carried out to improve the situation, he added.

The event styled ‘the basics of government securities and trading on the exchange platform’ were mainly participated by Bangladesh Bank’s primary dealers with DSE Chairman Md Yunusur Rahman in the chair.

The trading of 250 government securities or treasury bonds with tenures of 2 to 20 years began on the DSE trading platform on October 10 this year.

Government securities are a safer means of investment; so every eligible investor should invest in government securities for having sustainable portfolios, said Shamsuddin Ahmed.