Group Treasury has dedicated GSEC (Govt. Securities) Investment window and service desk for customer portfolio management. This is also authorized by Bangladesh Bank Circular No. 04/2020 dated July 21, 2020 of Debt Management Department, Bangladesh Bank,
Who can buy G SEC: Bangladeshi Individuals and institutions (e.g Banks, non-bank financial institutions, Insurance companies, mutual fund, provident funds, and pension fund and Corporate bodies). Non-resident individuals and institutions can also buy Treasury bond.
Features of Govt. Securities (GSEC):
Investable Amount: Minimum Taka 1.00 Lac or any multiple amounts of Taka 1.00 Lac.
Investor’s Rate of Return: Investor will receive coupons semiannually against Treasury bond. Treasury bonds can be purchased at discount, or face value/at par, or at premium depending on the market yield scenario. Upon maturity, investor will get the face value. Treasury Bills are zero coupon bonds as one can buy at discount and receive face value amount on maturity. Be it a Bond or bill, Investor’s rate of return will be represented by yield of the securities.
Current Products: 14days, 91days, 182days, and 364days Treasury Bills and 2Yr, 5Yr 10Yr, 15Yr, & 20Yr years Treasury Bonds are available. If available, customers can be provided with the product of broken tenor also (e.g. 1.5 yr, 2.5 yr, etc. up to below 20yr).
How we serve through this window:
Please feel free to contact us in following address:
|SL||Name||Functional Designation||Contact No|
|1||Rakibul Hasan||Head of MM||02-9515107,02-9577820, email@example.com|
|2||Al Mamun||Fixed Income Dealer||02-9515107,02-9577820, firstname.lastname@example.org|