B Mirror Report: The Bangladesh Bank (BB) has appointed BRAC Bank PLC and Pubali Bank PLC as Primary Dealers (PDs) for government securities, according to a circular issued by the central bank.

The decision follows approval from the Ministry of Finance’s Financial Institutions Division on April 29, 2026. Under the directive, the two banks have been authorized to operate as primary dealers for a period of three years, effective from the first working day of May 2026.

The central bank said the appointments have been made in line with the “Guidelines for Enlistment and Operations of Primary Dealers in Government Securities, 2025 (Amended).”

However, the authorization will not be permanent and will remain subject to annual performance evaluations. Based on these assessments, the status may be renewed or cancelled by the authority.

Officials said the move is aimed at strengthening public debt management and improving efficiency in the primary market for government securities through the participation of authorized financial institutions.

Copies of the authorization letters have been sent to the Governor of Bangladesh Bank and the Chairman of Primary Dealers Bangladesh Limited (PDBL) for necessary action.