State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
Factors responsible for market trend
Market Stabilisation Fund
➤ During July 2021, the BSEC sent a letter to listed businesses instructing them to
transfer all qualifying cash and share assets to the fund by the end of the month,
■ which did not provide the companies the required 30 days to comply with the BSEC
Market Stabilisation Fund Rules 2021.
➤ The regulator disclosed Tk21,000 crore of undistributed and unclaimed
dividends by the listed companies, which it now plans to safeguard the capital
market and its general investors.
Stimulus funds
➤ On September 22, the central bank unveiled a package for banks that would
allow them to borrow money for six months at 6% interest to invest in equities
to bolstering the capital market
Floor Price
The BSEC implemented a floor pricing mechanism on March 19, 2020, to
prevent listed company share prices from dropping below a specific threshold
during the COVID-19 epidemic with majority of the equity failing it was
removed in June 2021
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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