United News of Bangladesh

A listing agreement was signed on Tuesday between Dhaka Stock Exchange PLC (DSE) and BRAC Bank PLC to list the ‘BBL Second Subordinated Bond’ on DSE's Alternative Trading Board (ATB) platform, marking another step in the gradual expansion of Bangladesh's corporate bond market. The signing ceremony, held at DSE's office, was attended by DSE Managing Director Nuzhat Anwar and BRAC Bank Managing Director and Chief Executive Officer Tareq Refat Ullah Khan, along with senior officials from both organisations. Representatives from Lead Arranger BRAC EPL Investments Ltd and Trustee UCB Investment Ltd were also present. With the inclusion of the BBL Second Subordinated Bond, the DSE ATB platform now lists a total of eight bonds and one equity instrument. DSE's Alternative Trading Board was established to provide a regulated and transparent secondary market for fixed-income instruments, including bonds and other debt securities, which are otherwise thinly traded in Bangladesh's capital market ecosystem. The platform is seen as a critical infrastructure for deepening the country's corporate bond market, which has long remained underdeveloped compared to the equity segment.