Economic Reporter :
The Bangladesh Bank is likely to allow online purchase and encashment of dollar-bond with a view to providing hassle free services for the non-resident Bangladeshis (NRBs), banking sources said.
“If the central bank introduces the online system, it will increase the investment flow in the country,” they said.
Currently, the procedures of purchasing the bond are somewhat complex and the non-resident Bangladeshis (NRBs) cannot buy it easily. After easing the procedures, the sale of the bonds is believe to see a surge.
The government introduced dollar bond in 2002 and the non-resident Bangladeshis are eligible to purchase it. Its maturity for payment comes three years after the date of issuance.
The Bangladesh Bank is likely to allow online purchase and encashment of dollar-bond with a view to providing hassle free services for the non-resident Bangladeshis (NRBs), banking sources said.
“If the central bank introduces the online system, it will increase the investment flow in the country,” they said.
Currently, the procedures of purchasing the bond are somewhat complex and the non-resident Bangladeshis (NRBs) cannot buy it easily. After easing the procedures, the sale of the bonds is believe to see a surge.
The government introduced dollar bond in 2002 and the non-resident Bangladeshis are eligible to purchase it. Its maturity for payment comes three years after the date of issuance.
