| Primary dealer system is an agreement
between two major stakeholders in the domestic government debt
market. The central bank has given approval to Mutual Trust
Bank Limited as primary dealer (PD) aiming to boost the country's
secondary securities market.
The authority has approved Mutual Trust Bank Limited as PD
of the government securities dated November 23, 2009.Central
Bank has taken the latest move to increase the number of market
makers to bring dynamism in the secondary market.
Mutual Trust Bank, a dynamic third generation Bank, through
its 44 network plans to gradually do business by selling government
securities to corporate, institutions and individuals. The
business will be administered by the MTB Treasury team, which
is equipped with state of the art technology, the industry's
leading edge skilled manpower that have expertise in handling
government securities trading.
Objectives:
 To
be a market leader in the primary dealership market and establishing
a unique brand in the secondary securities market.
To
help enhance the liquidity and depth in the securities market
through selling government securities and establishing new trading
relationship with other parties.
To
develop secondary market by popularizing government securities
to individuals and institutions
To
help Bangladesh Bank in achieving their strategic monetary targets
Need to know more?
Call now on (880 2) 7162943, 9552628
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