Government Securities Investment Window for Customer

Bank Asia Fixed Income desk is one of the most active teams in managing Government Treasury securities with precision and expertise. Our team is dedicated to sourcing a diverse range of securities at competitive yields, ensuring optimal investment opportunities for our clients. With a proven track record and a leading position in transaction volumes, we offer unparalleled access to Treasury Bills and Bonds, catering to both individual and institutional investors.

Our investment desk manages both individual and institutional funds and can invest in Government Securities issued by the Bangladesh Government. Treasury Bills and Bonds are issued by the government to borrow funds from the market, and both are risk-free investments. Treasury Bills are short-term investments, ranging from three months to one year, and Treasury Bonds are long-term investments, ranging from 2 to 20 years.
 

Key Features:

  • Any individual or corporate body can invest in these instruments
  • Minimum denomination of investment is BDT 1.00 lac. There is no upper ceiling of investment amount
  • Return is risk free as issuer is the government
  • In case of Treasury Bill, investors will receive discount income at maturity of the bill
  • Investor will receive fixed semiannual coupon amount , in case of Treasury Bond for the remaining term of the bond
  • 5% tax is deducted at source while crediting the coupon/discount income to investor's account
  • Broken tenor Treasury bill and bond can be served as per investors' requirement
  • Investors will be able to sell bonds to Bank Asia as and when required.
  • Investor needs to open Business Partner Identification (BP ID) with Bangladesh Bank and this process will be carried forward by Bank Asia on behalf of client
  • It is recommended to open account with Bank Asia for faster and safer transaction.


Who can invest?

  • Residents and non-residents
  • Institutional investors
  • Insurance Companies
  • Corporates
  • Provident funds
  • Gratuity funds
  • Pension funds
  • Mutual Funds


Procedures to invest in Government Security

  • A Business Partner Identification (BP ID) is required to invest in Bangladesh Govt. Treasury Bills & Bonds (BGTB).
  • BPIDs can be opened for both individuals and business entities
  • To open a BPID
    • Download the BPID Form
    • Fill up the BPID form
    • Arrange for all the required documents mentioned in Document Checklist
    • Submit the BPID form along with required documents to your nearest branch.
    • To know about the charges involved in opening BPID and managing the portfolio with us, please click on the Schedule Of Charges below


After Opening BPID

You can choose the option to buy from primary or secondary market by filling up the Buy/Sale Form and submit the form to your branch through mail or hard copy.


Contact details

For further query regarding Treasury Bills & Bonds, reach out to us at the following email addresses-
 

SL Name Functional Designation Contact No Email
1 Shyamal Chandra Das Fixed Income Dealer 02-9515107,02-9577820, 01711296369 sc.das@bankasia-bd.com
2 Rakibul Hasan‎ Head of MM 02-9515107,02-9577820, 017100702499 r.hasan@bankasia-bd.com