Citizens Bank PLC. has been appointed as a primary dealer from the inception of our Banking activity. Citizens Bank treasury is responsible for doing all the activities as a PD as per Bangladesh Bank guideline and circular. Treasury is responsible for facilitating and managing the fixed income securities business as well as equity/stock business on behalf of bank.
In broader sense, we have a significant dynamic investment desk to manage not only financial institutions’ requirement but also individual client’s demand considering their long term goals from the prospect of yield, liquidity condition, tax planning and marketability that can better sustain market volatility, thereby enhancing its overall performance.
Citizens Treasury’s Fixed Income desk services are
- Investment in tradable Government Securities like Treasury Bills of 91, 182 and 364 days maturities and Bangladesh Government Treasury Bonds (BGTB) of 2, 5, 10, 15, and 20-year maturities.
- Insertion in primary auction bidding process to bid for customers.
- T-Bill & T-Bond trading for corporate and retail customers at negotiable competitive market price which ensures their portfolio return and risk diversification
- Collaboration with individuals and corporates pertaining to Government Securities
A part from this, Citizens Treasury Fixed Income desk have a scope to invest in other investment includes but is not limited to the followings:
- Subordinated Bond (Tier-II Bond)
- Corporate Bonds/Debentures
- Commercial Papers
- Mutual Fund
- Capital Market Securities (Common Stock , Preferred Stock, Convertibles)
- Further fixed income investment instruments available in Bangladesh