Bangladesh, Nov. 7 -- The government is considering converting the existing dollar bonds into multi-currency investment tools to attract more non-resident Bangladeshis (NRBs) to the state-run investment scheme, officials said.
In a recent meeting, the Cash and Debt Management Committee has taken the decision to introduce the instruments, so that the NRBs can invest in the state-owned savings instruments through pound sterling and euro apart from the US dollar, they added.
Currently, the NRBs can only invest in the US Dollar Premium Bond (UDPB) and the US Dollar Investment Bond (USIB) through the US Dollar.
Besides, they are entitled to invest in the existing Wage Earner Development Bond (WEDB) through BDT.
The Finance Division, the Bang...