Banking sector insiders and economists say the initiative aims to boost the inflow of dollars into the country by attracting investments from the Bangladeshi diaspora and foreign citizens of Bangladeshi origin
For investments up to $100,000 in three different terms, the finance ministry has increased the interest rates for the US Dollar Premium Bond and US Dollar Investment Bond by up to 2% and 1.5%, respectively.
Banking sector insiders and economists say the initiative aims to boost the inflow of dollars into the country by attracting investments from the Bangladeshi diaspora and foreign citizens of Bangladeshi origin.
According to a notification issued on Sunday by the Internal Resources Division under the finance ministry, for the premium bond, the rates have risen to 6.50% for the 1-year term, 7% for the two-year term, and 7.50% for the three-year term.
For the…
