Finance Secretary Khairuzzaman Majumdar announced that the government is considering lifting the existing limit on the purchase of savings certificates. He made the statement on Monday in Dhaka during a seminar titled 'Bond Market Development in Bangladesh: Challenges and Recommendations'. Majumdar said the government may take new decisions regarding the buying and selling of savings certificates, including the possible removal of the purchase ceiling.

At the same event, Governor Dr. Ahsan H. Mansur emphasized the need for major reforms to develop the bond market. He stated that simplifying bond transactions could expand the domestic bond market by six trillion and reduce large commercial institutions’ dependence on banks. Mansur added that attracting foreign investment or integrating into the bond market would be necessary to meet financial needs, urging both the private sector and the government to take proactive roles.

He further noted that the future of the bond market depends on controlling inflation and stabilizing interest rates, suggesting that a unified interest rate structure would make the market more sustainable.