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The Finance Division of the Ministry of Finance has been granted the authority to appoint primary dealers for government securities, a role previously held by Bangladesh Bank. The new policy aims to strengthen the primary and secondary markets by allowing banks and financial institutions to become primary dealers after evaluation. Primary dealers must actively participate in bidding and maintain transaction volumes. Annual performance reviews will determine continued appointments and rankings. The move follows IMF recommendations to enhance regulatory control and modernize the legal framework.

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Bonik Barta 11 Jul 25

Finance Ministry Gains Authority to Appoint Primary Dealers

Until now, the power to appoint primary dealers for the trading of government securities rested with Bangladesh Bank. However, this authority has now been transferred to the Finance Division of the Ministry of Finance. The Finance Division will make decisions on appointing primary dealers in consultation with Bangladesh Bank. A new policy regarding this was issued by the Finance Division yesterday.


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