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Bangladesh Bank auctions Sukuk

BANGLADESH: Bangladesh Bank (BB) has held an auction on the 7th March 2024 for its three-month and six-month Bangladesh Government Islami Investment Bonds (BGIIBs), according to an official statement.

The three-month Sukuk received three bids amounting to BDT5.8 billion (US$52.27 million), while the six-month Islamic offering received five bids worth a total of BDT2.7 billion (US$24.33 million). The profit-sharing ratio of the accepted bids was set at 90:10.

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