BSEC approves Tk 500cr zero-coupon bond for Akij Food 

 
The Bangladesh Securities and Exchange Commission (BSEC) has approved a proposal by Akij Food and Beverage Limited to issue an unsecured, non-convertible, and fully redeemable zero-coupon bond totaling Taka 500 crore. 

The approval was finalized on Wednesday during the commission's 1004th meeting held at its office in the capital, according to BSS report. 

The session, conducted at the Commission Meeting Room, was presided over by BSEC Chairman Khondoker Rashed Maqsood. 

According to the regulatory decision, the bond is structured with a tenure ranging from a minimum of six months to a maximum of five years. The face value per unit of the instrument has been set at Taka 10 lakh, bringing the aggregate face value of the entire issuance to Taka 500 crore.