DMD Circular Letter No. 04: Resuming All Activities of NRB Bonds

Bangladesh Bank(Central Bank of Bangladesh)Debt Management DepartmentHead OfficeMotijheel, Dhaka-1000Bangladesh.DMD Circular Letter No. 04 Date: ------------------------Chief Executive Officer/Managing Director,All Scheduled Banks (excluding Islamic Shariah-based banks)Subject: 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 subject. According to the said instruction, services related to encashment and coupon payment of NRB Bonds (Wage Earner Development Bond, US Dollar Investment Bond, and US Dollar Premium Bond) are currently active.In this regard, it has been decided that all transaction activities of NRB Bonds (including sale/reinvestment, encashment, coupon payment, and other activities) will remain active to facilitate investment by expatriates against remittances sent from abroad and to provide overall cooperation. To this end, it is also advised to duly comply with the clauses of the relevant bond rules.In this situation, you are instructed to take necessary measures to complete all transaction activities of NRB Bonds (Wage Earner Development Bond, US Dollar Investment Bond, and US Dollar Premium Bond) within the banking hours mentioned in paragraph 1 of DOS Circular Letter-13 dated 16/04/2020 of the Department of Off-site Supervision.This instruction will be effective immediately.Yours faithfully,(Md. Khurshid Alam)General ManagerPhone: 9530131E-mail: khurshid.alam@bb.org.bd20 Baishakh, 1427 Bengali03 May, 2020 AD.