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Banglabond

Nov 11, 2019

Banglabond

Banglabond – the first-ever Bangladeshi Taka-denominated bond – has been listed in the London Stock Exchange. Honourable Finance Minister AHM Mustafa Kamal, Prime Minister’s Private Industry and Investment Adviser Salman F. Rahman and BIDA chief Md. Sirazul Islam joined the issuance ceremony. 

The IFC issued the bond, raising 800 million BDT, which will be used to expand operations and distribution for PRAN Group. “This landmark bond from IFC paves the way for the opening of the global Bangla bond market and raises the profile of the Bangladeshi Taka internationally,” said Nikhil Rathi, CEO, London Stock Exchange Plc and Director of International Development, LSEG.

 

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