BB launches new software to expedite bond market

Posted by BankInfo on Tue, Dec 18 2012 06:38 am

Bangladesh Bank Governor Dr Atiur Rahman speaks at the inauguration of Trader Work Station (TWS) at Jahangir Alam Conference Hall of BB in Dhaka Monday

Bangladesh Bank (BB) Monday launched a new software to expedite the secondary bond market with offering a more investors’ friendly online platform to buy and sell government securities, including treasury bills and bonds.

Inaugurating the software at a programme at the central bank headquarters in the city, governor Dr Atiur Rahman said this would offer online services to banks, financial institutions and their clients for buying and selling treasury bills and bonds.

The software, known as Trader Work Station (TWS), is already in use in many developing countries for trading of bills and bonds in the secondary market, the governor said.

Besides, he said anyone could have information about the market value of the bills and bonds and their yield, volume and the date of issue and expiry from the website of the Bangladesh Bank.

News: The Daily Sun/Bangladesh/18th-Dec-12

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