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  • What Is A Government Security?

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    Mahfuzul Haque Sujan
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    Government securities are instruments issued by sovereign governments to acknowledge their debt obligations. They can be short-term treasury bills maturing in less than one year or long-term bonds maturing in one year or more. The two major government securities in Bangladesh are Treasury Bills (T-Bills) and Bangladesh Government Treasury Bonds (BGTBs), both of which are issued by the Bangladesh Bank on behalf of the Government of Bangladesh according to the Treasury Rules of 1998 and the Bangladesh Bank Order of 1972. Treasury Bills have maturities of 91 days, 182 days, or 364 days, are issued at a discount and redeemed at face value, and can be traded on the secondary market in scripless form.

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    Government securities are instruments issued by sovereign governments to acknowledge their debt obligations. They can be short-term treasury bills maturing in less than one year or long-term bonds maturing in one year or more. The two major government securities in Bangladesh are Treasury Bills (T-Bills) and Bangladesh Government Treasury Bonds (BGTBs), both of which are issued by the Bangladesh Bank on behalf of the Government of Bangladesh according to the Treasury Rules of 1998 and the Bangladesh Bank Order of 1972. Treasury Bills have maturities of 91 days, 182 days, or 364 days, are issued at a discount and redeemed at face value, and can be traded on the secondary market in scripless form.

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    © All Rights Reserved
    Scarica in formato DOC, PDF, TXT o leggi online su Scribd
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    12 visualizzazioni1 pagina

    What Is A Government Security?

    Caricato da

    Mahfuzul Haque Sujan
    Government securities are instruments issued by sovereign governments to acknowledge their debt obligations. They can be short-term treasury bills maturing in less than one year or long-term bonds maturing in one year or more. The two major government securities in Bangladesh are Treasury Bills (T-Bills) and Bangladesh Government Treasury Bonds (BGTBs), both of which are issued by the Bangladesh Bank on behalf of the Government of Bangladesh according to the Treasury Rules of 1998 and the Bangladesh Bank Order of 1972. Treasury Bills have maturities of 91 days, 182 days, or 364 days, are issued at a discount and redeemed at face value, and can be traded on the secondary market in scripless form.

    Copyright:

    © All Rights Reserved
    Scarica in formato DOC, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    di 1

    What is a Government Security?

    A Government Security is a tradable instrument issued by sovereign Government. It


    acknowledges the Government's debt obligation. Such securities are short term (usually
    called treasury bills, with original maturities of less than one year) or long term (usually
    called Government bonds or dated securities with original maturity of one year or more).
    What are the major Government Securities (G-Sec) in Bangladesh?
    Major G-Secs in Bangladesh are: a. Treasury Bills (T-Bills) b. Bangladesh Government
    Treasury Bond (BGTB)
    Who issued T-Bills and BGTBs ?
    As per agreement between The Government of Bangladesh and Bangladesh Bank in 1985
    (Treasury rules-1998 (Appendix-1, Section-3) and Bangladesh Bank (BB) Order-1972,
    article 20 empowers BB to issue new loans and manage public debt for the Government.
    What are the main features of Treasury Bills?
    Three tenors are available namely 91 day, 182 day and 364 day.
    Price is determined by the market
    They are issued at a discount and redeemed at the face value at maturity.
    Tradable in the secondary market.
    Issued in scripless form.
    The central Bank releases monthly calendar through BB website.

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