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December 2004 DSE has taken the appropriate measures for conducting the on-line trading of the Government Treasury Bonds with effect from 1-1-2005. Two bonds are 5 years treasury bonds carrying 7.5% and 10 years treasury bonds carrying 8.5% interest payable in half- yearly. The face value of each bond is TK. 1.00 lac. The total face value of two treasury bonds is Tk. 1010.37 crore. As upto December 2004, 7 auctions of 14 issues of these two maturity bonds are made. These bonds will enter DSE trading list. At present there are nine primary dealers of the
treasury bonds namely: Besides, some other banks also from time to time participated in the auction. These banks are (1) City Bank, (2) BRAC Bank, (3) UCBL, (4) Premier Bank, (5) Bank Asia, (6) Pubali Bank, (7) Mercantile Bank, (8) National Bank and (9) Trust Bank. These bonds will enter DSE Market by these dealer financial institutions. The dealers would sell these bonds in the secondary market through opening clientle accounts in the DSE brokerage houses. The trading shall be taking place in the spot market in dematerialized form. The settlement would be made in T+1 day (trading day plus net business day). The bonds would be transferred through CDBL and the purchaser would pay the bond purchase money to the DSE clearing account same day and deposit slip has to be submitted to DSE A/c. Dept. by 3:30 p.m. Howla charges for each transaction would be as usual Tk.3/- only but the laga charges (on turnover) would be Tk. 0.01% or 10 taka per lac taka transaction.
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