Dhaka, Feb. 27 -- The bond market serves as a critical lifeline for developing countries worldwide to channel funds for government expenditures and providing capital for businesses. However, Bangladesh's bond market remains very small, underdeveloped, and inactive compared to its regional peers. Bangladesh's bond market constitutes only 11.63 per cent of its gross domestic product (GDP), with government securities making up 11.5 per cent, (with a near-absent corporate segment) which is 125 per cent in Malaysia, 107 per cent in China, 150 per cent in South Korea. Despite steady economic growth, the country's bond market is still shallow compared to the peer economies. Government securities dominate while corporate bonds remain rare. Busine...