Regulatory Alerts2013-04-15
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DMD Circular No. 03: Regarding Amendment of the Notification Issuance of Bangladesh Government Treasury Bonds
The document notifies the immediate implementation of decisions to amend the June 24, 2007 notification on the issuance of Bangladesh Government Treasury Bonds. These decisions include the introduction of a two-year maturity for Treasury bonds, the establishment of a re-issuance system, the prohibition of selling non-resident-held Treasury bonds within one year, and the authorization of online bid submissions for Treasury bonds. A copy of the relevant government notification is attached for reference.
50080 Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Debt Management Department Circular No. DMD-03/2013 15/04/2013 To All Scheduled Banks and Financial Institutions Dear Sir, Regarding the amendment of the notification titled "Issuance of Bangladesh Government Treasury Bonds". The Ministry of Finance notification dated 24/06/2007 titled "Issuance of Bangladesh Government Treasury Bonds" has been amended to announce decisions regarding the introduction of a two-year maturity for Treasury bonds, the implementation of a re-issuance system, the withdrawal of Treasury bonds held by non-residents if not sold within one year, and online submission of bids for Treasury bonds. These decisions will be implemented immediately. A copy of the relevant government notification is attached. Please acknowledge receipt.
Yours faithfully, Attachment: As per text. (A.F.M. Shahinul Islam) Deputy General Manager Phone: 9530209
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