A technical assistance mission of the International Monetary Fund (IMF) and World Bank is expected to arrive in Dhaka tomorrow in order to undertake a detailed assessment of the Local Currency Bond Market (LCBM) and suggest ways for its development.

The team will identify challenges, prepare a roadmap for LCBM development with sequenced reforms and priorities, and assess functioning of the primary dealership arrangement, according to the finance ministry.

It will also recommend appropriate reforms.

The objective of the mission is to deepen and enhance liquidity in government securities market.

The mission is expected to conclude its visit by July 17.

Besides, Bo Li, deputy managing director of the IMF, is expected to come to Dhaka on July 14 on a one-day visit to attend a seminar related to environment.