Bankers and economists point to the absence of specific policies, robust insurance companies, reliable asset managers, independent rating agencies, and concerted efforts to rebuild investor trust as key roadblocks to a thriving bond market in Bangladesh.
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Rupali Bank Ltd received approval from the Bangladesh Securities and Exchange Commission (BSEC) last week to issue unsecured, non-convertible and fully redeemable floating rate subordinated bonds to raise Tk 1,200 crore.