DMD Circular Letter No. 02: Incorporating NRB Bond encashment and coupon payment functions to the limited scale Banking services — BB — BD

Bangladesh Bank(Central Bank of Bangladesh) Debt Management DepartmentHead OfficeMotijheel, Dhaka-1000Bangladesh.DMD Circular Letter No. 02 Date: ------------------------Chief Executive Officer/Managing Director,All Scheduled Banks (excluding banks operating on Islamic Shariah principles)Subject: Regarding the commencement of NRB Bond encashment and coupon payment functions under limited banking services.Dear Sir,According to DOS Circular Letter-09 of the Department of Off-site Supervision dated 05/04/2020, various banking transactions/activities, as well as the encashment of various National Savings Certificates upon maturity and payment of coupons for the bank's respective customers, are ongoing.In this regard, it has been decided that in addition to conducting the aforementioned activities, functions related to the encashment (before and after maturity) and coupon payment of NRB Bonds (Wage Earner Development Bond, US Dollar Investment Bond, and US Dollar Premium Bond) will remain operational.In this context, you are instructed to take necessary measures to initiate services related to the encashment and coupon payment (excluding sale/reinvestment) of NRB Bonds during banking hours.This instruction will be effective immediately.Yours faithfully,(Md. Khurshid Alam)General ManagerPhone: 9530131E-mail: khurshid.alam@bb.org.bd09 Boishakh, 1427 BS22 April, 2020 ADAD.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it

The links and the sentences they come from (1)

Basis for

DMD Circular Letter No. 04: Resuming All Activities of NRB Bonds2020 · BB
“ect: Resumption of all transaction activities of NRB Bonds under the banking system.Dear Sir,Your attention is drawn to DMD Circular Letter No. 02 issued by Bangladesh Bank on 22/04/2020 regarding the above”