Author: Gmf

Dhaka Stock Exchange : Companies has been placed in ‘Z’ category in Stock Market. RINGSHINE, NTC, RENWICKJA, KPPL, ZAHINTEX, KEYACOSMET, YPL, ILFSL, UTTARAFIN, INTECH, UNIONCAP, GBBPOWER, DACCADYE, FASFIN, STANCERAM, DELTASPINN, SAFKOSPINN, AZIZPIPES, REGENTTEX, ARAMITCEM, PREMIERLEA, ALLTEX,

NCCBLMF1: 2.50% Cash, Record Date: 10.03.2024

GLDNJMF: 2.50% Cash, Record date: 10.03.2024.

Who Can Invest :

• Individuals and institutional residents in Bangladesh, such as:
  • Banks
  • Non-Bank Financial Institutions
  • Insurance Companies
  • Corporate Bodies
  • Authorities responsible for the management of provident funds, pension funds, etc.
• Foreigners
• Non-residents

How to Trade:

Tradable government securities are issued through auctions. Auction calendar is published periodically by Bangladesh Bank with the approval of Ministry of Finance. Auction notice is provided as per auction calendar.

Weekly auctions of T-bills (usually on Sunday) and BGTB (usually on Tuesday) of a particular tenor are held regularly following a pre-announced auction calendar for a specified amount.

Bidders quote their acceptable price/yield. The auction committee determines the cut-off price/yield from the offered yields.

Auction Methods:

There are two methods of auction: uniform price auction and multiple price auction.

In a uniform price auction, all the successful bidders are required to pay the allotted quantity of securities at the same rate, i.e., at the auction cut-off rate, irrespective of the rate quoted by them.

On the other hand, in a multiple price auction, the successful bidders are required to pay for the allotted quantity of securities at the respective price/yield at which they have bid. In Bangladesh government securities are auctioned in multiple price auction.

Bidding Amount:

Minimum bid amount is BDT 100,000. Bids can be submitted for an amount of BDT 100,000 and its multiples.

Cut-off Yield:

It is the rate at which bids are accepted. Bids at yields higher than the cut-off yield is rejected and those lower than the cut-off are accepted. The cut-off yield is set as the coupon rate for the security. Bidders who have bid at lower than the cut-off yield pay a premium on the security, since the auction is a multiple price auction.

Cut-off Price:

It is the minimum price accepted for the security in an auction. Bids at prices lower than the cut-off are rejected and at higher than the cut-off are accepted. Coupon rate for the security remains unchanged. Bidders who have bid at higher than the cut-off price pay a premium on the security, thereby getting a lower yield. Price based auctions lead to finer price discovery than yield based auctions.

Govt. Bond Trade in Secondary Market:

Tradable government securities, which have been issued through auction can be traded in the secondary market. Bangladesh Bank has initiated to automate the process of trading and settlement of government securities transactions in October 2011. The secondary market of government securities of Bangladesh is comprised of Over the Counter (OTC) and Trader Work Station (TWS).

Prematurely Encashed:

No, government securities cannot be encashed before maturity. However, holders of tradable government securities can sell government securities in the secondary market.

How to invest in G-SEC/BGTB:

An interested investor open a BP ID from Bangladesh Bank through GMF Securities Ltd (TREC-186). Investor can participate in auction, buy/sell tradable government securities from/in the secondary market through GMF Securities Ltd (TREC-186).

Open A BP ID (A/c):

• For Individuals:
  • Photocopy of NID/Passport of Applicant
  • Photocopy of NID/Passport of Nominee
  • Passport-size Photograph of Applicant (2 copies)
  • Passport-size Photograph of Nominee (1 copy)
  • Photocopy of ETIN Certificate
• For Limited Companies:
  • Photocopy of NID/Passport of Signatories
  • Passport size Photograph of Signatories (2 copies each)
  • Photocopy of MoA & AoA
  • Photocopy of Certificate of Incorporation
  • Photocopy of Form XII & Schedule X
  • Photocopy of ETIN Certificate

Program Starts : 28/02/2024

Time : 9:30am to 01.31pm

Interested Investors please fill up the Registration Form.

Links given below:

• Google Registration Form

• Manual Registration Form
• Program Schedule

• 

IPO Starts : 13/02/2024

IPO Close: 19/02/2024

Total fund to be rised : BDT 50,000,000/- (Five Crore)

Face Value : BDT 10/- each share

Subscription Amount : BDT 2,00,000 (Two Lac) or it’s Multiple

Cut Off Date: 05/02/2024 (Market Value : BDT 30,00,000, Thirty Lac)

The IPO of Web Coats PLC. will commence on 13 February, 2024

Starts on February 13, 2024

Closes on February 19, 2024

Cut-off date : February, 05 (day end)

আইপিও আবেদন শুরু হবে ৪ ফেব্রুয়ারি, ২০২৪ইং এবং আইপিও আবেদনের শেষ হবে ৮ ফেব্রুয়ারি, ২০২৪ইং।

আইপিও আবেদনের Cut-off Date- 25 January, 2024 & 08 January, 2023.

যে সকল ক্লাইন্টদের নির্দিষ্ট Cut-off Date এ শেয়ার মাকের্টভ্যালু থাকবে তারা আইপিও আবেদন করতে পারবে।

The IPO of Aisatic Laboratories Ltd. will commence on 04 February, 2024

Starts on February 04, 2024

Closes on February 08, 2024

Cut-off date : January, 25 (day end)

The IPO of Best Holdings Limited will commence on 14 January, 2024

Starts on January 14, 2024

Closes on January 18, 2024

Cut-off date : January, 03 (day end)