The function of fixed income securities desk is to buy/sell government securities in both primary and secondary market. The basic responsibility of the desk is to participate in the Primary Auction of Government Treasury Bills and Treasury Bonds, enhancing market making capabilities for government securities amongst the market participants and ensuring deficit financing for Government’s Budgetary expenditure. Enhancing liquidity and depth in the securities market by facilitating price discovery and turnover, encouraging voluntary holding of government securities amongst a wide investor base is also ensured by the Fixed Income dealer.
Products:
- Coupon securities (Treasury Bonds, Corporate Bonds)
- Discounted securities (Treasury Bills)
- Bangladesh Bank Bill
- Other Investments (preference share, debentures, asset backed securities etc.) approved by the Investment committee / BODs