PSX Welcome HBL as Market Maker in a Gong Ceremony

This is a very important step in developing collaboration between the banking sector and capital markets. The development of debt markets is an important strategic objective of PSX and critical for the economic growth of Pakistan. Hence, it is a very positive development that the largest bank of Pakistan is coming on board as the designated Market Maker for debt securities listed on PSX. HBL, which was also the first company to be listed on the Stock Exchange, is now going to act as a market maker for corporate and government debt securities listed on PSX.

Today’s signing ceremony marks the commencement of a market-making relationship between HBL and the Pakistan Stock Exchange (PSX). This is a historic moment, and we are grateful for PSX’s continued trust in the Bank. The arrangement allows investors to buy and sell debt securities with HBL willing to act as a buyer and/or seller. This will not only increase the attraction for debt instruments as an investable asset and add greater liquidity to the Exchange but will also pave the way to enhance the outreach of the debt market. We look forward to building a strong relationship with the Pakistan Stock Exchange and continue to play our role in developing the economy of the country.