Published Date : 2022-08-14
Summary :
Tasia Securities Fixed Income desk is one of the most active teams in managing Government Treasury securities in the market, with the ability to source well diversified range of securities at competitive yield. We possess the first rank in terms of volume of transaction in Government Treasury Bill and Bonds in secondary market. Through our investment window, clients (both individual and institutional) can invest in Treasury Securities issued by Bangladesh Government. The government issues Treasury Bills and Bonds to borrow fund from the market. Treasury Bills are short term starting from three months to one year and issued at discount. Treasury Bonds are coupon bearing long term investment instruments starting from 2 years to 20 years. Government issues these bills and bonds through central bank.
Details :
Tasia Securities Fixed Income desk is one of the most active teams in managing Government Treasury securities in the market, with the ability to source well diversified range of securities at competitive yield. We possess the first rank in terms of volume of transaction in Government Treasury Bill and Bonds in secondary market. Through our investment window, clients (both individual and institutional) can invest in Treasury Securities issued by Bangladesh Government. The government issues Treasury Bills and Bonds to borrow fund from the market. Treasury Bills are short term starting from three months to one year and issued at discount. Treasury Bonds are coupon bearing long term investment instruments starting from 2 years to 20 years. Government issues these bills and bonds through central bank.
Key Features:
Any individual or corporate 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 * Apart from the regular tenors, broken tenor bill and bond can be served as per investors' requirement
Investors will be able to sell bonds to Tasia Securities Ltd as and when required
Investor needs to open Business Participant ID (BP ID) with Bangladesh Bank and this process will be carried forward by Tasia Securities Ltd on behalf of client
To ensure faster and safer transactions, it is recommended to open an account with any reputed Bank Who can invest?
Residents and non-residents
Institutional investors
Insurance Companies
Corporates
Provident funds
Pension funds
Mutual Funds Contact details:
You can reach out to our Government Securities Investment Window as per below:
a) To know about yield on Treasury Bills/Bonds, available investment options, the process of investment, open investment account with the central bank (named as Business Participant (BP) ID) and to purchase/sell Government Treasury Bills and Bonds:
Mohammed Shahidul Islam
shahidul@tasiasecurities.com
+880161905636
b) To get clarification on discount/coupon income/ maturity value deposited in investor's account, any financial transaction related to this investment, and reconciliation of securities account if any such requirement arises:
Branden Gomes
branden.gomes@tasiasecurities.com
+88001674790769
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