Launch of trading government securities on the stock exchanges is part of the strategy to diversify investors’ base and provide an additional platform to the small or retail investors to buy government securities, in addition to other initiatives already underway.
This was stated by Federal Minister for Finance
Finance Minister said the new trading platform of Government securities will operate alongside the existing OTC platforms in the interbank market. This would enable competitive pricing structure at the retail level and create greater transparency.
Dar said, for individual savers and investors, this is an excellent opportunity to invest in Government of
The Government of
He said that it is now the responsibility of financial market participants - both banks and non-bank financial institutions and stock market brokers - to make this a success. I also hope that the management of the stock markets will coordinate the efforts of the market participants and help in creating awareness among retail investors. The Government is doing its part in providing a major impetus for capital market development by launching on Tuesday the Government securities trading on stock exchanges.
I strongly urge all financial market participants including commercial banks, development finance institutions, the securities industry, insurance companies and pension funds and the asset management industry to help develop the Government securities segment of the debt capital market so that savers & investors both domestically & internationally can participate in it with ease and convenience’ he added.
Both in the conventional and Shariah compliant modes - through the capital market investors can participate in building up of Pakistan’s infrastructure backbone.
‘I believe this is a first step in a long journey whose eventual destination is to develop deep and liquid bond markets to fund both public and private sector investment in Pakistan’, he added.
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