BSE calls on treasury to issue more bonds

There are currently 43 bonds listed on the local bourse, from which only government has issued five. In a second quarter market update, the BSE said the absence of adequate government bonds as well as the wide gaps between their maturity dates have the potential to impact pricing of corporate bonds which ordinarily reference on government bonds as they are deemed risk free.

From the five listed government bonds, three of them are fairly medium to long-term dated while the two are maturing in 2018 and 2020.