IBBL Mudaraba Perpetual bond recommends 10.34pc profit rate

Last updated: April 20, 2016

Dhaka, Bangladesh (BBN)-IBBL Mudaraba Perpetual Bond has recommended annual profit rate of 10.34 per cent for IBBL Mudaraba Perpetual Bond (IBBLPBOND), said an official disclosure on Wednesday.
The board of directors of IBBL Mudaraba Perpetual Bond proposed the bond for the year ended on December 31, 2015.
The record date for entitlement of profit of the bond is on May 11.
The date of profit distribution: Within thirty days from holding of annual general meeting (AGM) of Islami Bank Bangladesh, which is scheduled to be held on June 2.
There will be no price limit on the trading of IBBL Mudaraba Perpetual Bond (IBBLPBOND) today following its corporate declaration.
BBN/SK/AD

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