Regulatory Alerts2016-10-26
Added · Updated
DMD Circular Letter No. 02: Regarding Purchase of Wage Earner Development Bond, U.S. Dollar Investment Bond & U.S. Dollar Premium Bond
The Department of Management Development of the Central Bank of Bangladesh directs all scheduled banks and Central Bank officials to continue providing reinvestment facilities for Wage Earner Development Bonds, U.S. Dollar Investment Bonds, and U.S. Dollar Premium Bonds. This directive addresses complaints that some banks were refusing to offer these reinvestment options to investors. The instruction mandates compliance with the relevant provisions of the existing Bond Rules to eliminate confusion and ensure the continuity of these services.
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