Bangladesh to issue Tk 3,000cr short-term investment sukuk

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Bangladesh to issue Tk 3,000cr short-term investment sukuk

The government will issue Tk 3,000 crore worth of short-term Bangladesh Government Investment Sukuk (BGIS) to finance the ‘Important Rural Infrastructure Development Project on Priority Basis’.

The sukuk, with a tenure of 182 days, will be issued through the Bangladesh Bank’s Shariah Securities Module (SSM) on December 1, 2026.

According to the prospectus, the sukuk will be issued under the Ijarah method, with a maturity date of June 2, 2027.

Investors will receive a total rental return of Tk 112.19 crore over the 182-day period, equivalent to an annualised rate of 7.50%. The return will be paid in a lump sum at maturity.

All banks and financial institutions maintaining current or Al-Wadiah current accounts with Bangladesh Bank will be eligible to participate directly in the auction.

Individual investors, both domestic and foreign, as well as corporate entities, investment companies, insurance companies, provident funds and deposit insurance funds, can also participate through eligible banks and financial institutions.

Investors will be able to submit online bids in multiples of Tk 10,000 through their Sukuk Investor (SI) IDs on the SSM between 10:00am and 1:00pm on December 1, 2026.

New investors must complete the process of opening an SI ID through their respective banks by November 29, 2026.

Successful bidders will receive their allocated sukuk units in their respective IDs at 3:00pm on December 1, 2026.

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