Government securities, or treasury bonds (t-bonds) have not been traded at all in the last three trading sessions, despite availability of interested buyers.
They said only two trades were executed on the debut of the much-hyped securities last week.
The market operators attributed it to investors' lack of knowledge, insufficient training of market operators and inherent complexities in trading such a new instrument.
On debut, trades of the units of two bonds worth Tk10.04 lakh were executed in Dhaka Stock Exchange (DSE) while the Chittagong Stock Exchange (CSE) witnessed the trades of units worth Tk1.05 lakh.
The sellers still require taking clearance from the central bank to sell their securities. Some formalities to facilitate easy transfer of the t-bonds remain incomplete, said DSE Chairman Md. Eunusur Rahman.
He said the t-bond is still a new product for the investors who are accustomed with daily trading of equities.
Investors will have to be informed about the government securities at a large scale along with resolving the complexities, if any, said Rahman.
He said the securities regulator, the central bank and the market operators would sit soon to address the problems hindering the regular trading of the government securities.
There is enough demand for the government securities and both demand and supply sides of the t-bonds will have to be streamlined, he added.
Asked, Mohammad Rezaul Karim, an executive director of the securities regulator, said the transfer process of the t-bonds to the investors' BO accounts is yet to be smooth.
Presently, there are 250 t-bonds listed with both stock exchanges of the country.
