Dhaka, Bangladesh (BBN)-The central bank of Bangladesh has relaxed conditions on purchase of all kinds of foreign bonds aiming to boost up its selling, officials said.
The bonds are: Wage Earner Development Bond, US Dollar Premium Bond and US Dollar Investment Bond.
Under the new provisions, no expatriates would need attestation by any Bangladesh embassy to buy these three types of bonds. The decision to give the option was taken to ease the process to invest in the bonds, the Bangladesh Bank (BB) said in a circular.
While buying the bonds, Bangladeshis living abroad will have to show their passports and those with their origins in Bangladesh will have to show their passports with ‘no visa required’ seal, it added.
BBN/SSR/AD-12July12-9:14 am (BST)
