বাংলা E-Paper 📍 Dhaka 📅 Sunday | 15 November 2026, 30 Kartik 1433 PID registration number 06
HEADLINE
Advertisement

Govt to issue Tk 3,000 crore Sukuk at 7.50pc return

Published : Sunday, 15 November, 2026 at 1:12 PM
Observer Online Report
Symbolic Photo
X

Symbolic Photo

The government is set to issue a short-term Bangladesh Government Investment Sukuk (Islamic bond) worth Tk 3,000 crore to finance rural infrastructure development projects, carrying an annual profit rate of 7.50 per cent.

According to a Bangladesh Bank press release, the 182-day Sukuk will be auctioned on 1 December. Issued under the Ijara (Shariah-compliant leasing) method against the 'Important Rural Infrastructure Development Project on Priority Basis', the bond carries a face value of Tk 3,000 crore and is scheduled to mature on 2 June 2027.

Under the stipulated terms, investors will receive a total profit of Tk 112.19 crore over the 182-day tenure, paid in a single lump sum upon maturity at the fixed annual rate of 7.50 per cent.

The auction will be conducted via Bangladesh Bank’s proprietary Shariah Securities Module (SSM) software. The prospectus and Shariah declaration prepared for the issuance have already received approval from the Shariah Advisory Committee formed under the central bank's Debt Management Department.

How investors can participate

All banks and financial institutions maintaining a current account or an Al-Wadiah current account with Bangladesh Bank will be eligible to participate directly in the auction. Additionally, local and foreign individual investors, corporate entities, investment firms, insurance companies, provident funds, and deposit insurance funds can invest through banks or financial institutions holding such accounts with the central bank.

Investors may apply for Sukuk in multiples of a minimum of Tk 10,000. Online bids must be submitted via the SSM platform between 10:00 AM and 1:00 PM on 1 December against their respective Sukuk Investor (SI) IDs.

Prospective new investors must complete the process of opening an SI ID through their respective banks by 29 November. The amount of Sukuk allocated to successful bidders will be notified in their corresponding SI IDs at 3:00 PM on 1 December.

Bangladesh Bank confirmed that with the approval of the prospectus and Shariah declaration, all necessary preparations for holding the auction have been completed.


-SA


Advertisement
Loading...
Loading...
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.

Phone: PABX- 41053001-06; Advertisement: 41053012; 01793317829, 01550707291, 01550707296
E-mail: [email protected], [email protected]. [email protected], [email protected], [email protected], ‍[email protected], Online-email: [email protected]

🔝