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BSEC sets margin loan limit based on DSEX
The Bangladesh Securities and Exchange Commission on September 21 set the maximum limit on margin loan facilities based on the movement of Dhaka Stock Exchange’s key index, DSEX.· If the DSEX falls below 4,000 points, the margin loan would be at the rate of 1:1, said a BSEC directive.· If the DSEX remains between 4,001 to 5,000 points, the clients of the intermediaries would get margin loan at the rate of 1:0.75.· If the index remains between 5,001 to 6,000 points, the intermediaries can give margin loans at 1:5 and for above 6,001 the rate would be 1: 0.25.· Currently the margin loan is set at 1:0.5.
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