Exim Bank approved Tk 400 crore bonds

The Bangladesh Securities and Exchange Commission (BSEC) has approved the 5th subordinated bond of Export Import Bank of Bangladesh (Exim) Limited, a bank sector company listed in the capital market.

This information is known from DSE sources.

It is known that the bank will issue bonds of tK 400 crore. The face value of this bond has been fixed at Tk 10 lakh. The tenure of the bond is 7 years. Exim Bank will issue bonds to fulfill Tier-II conditions. Exim Bank’s bond will be issued through private placement.

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