Dhaka, Dec. 1 -- Bangladesh Bank (BB) has extended the tenure of the 1st Bangladesh Government Investment Sukuk by an additional five years.

This decision, designed to protect the interests of the Sukuk holders and ensure compliance with Shariah guidelines, pushes the maturity date of the instrument back to the end of 2030.

The Sukuk was originally issued for a 5-year period, totaling Taka 8,000 crore, against the government project titled "Safe Water Supply Across the Country". Its initial maturity date was scheduled for December 29, 2025, reports BSS.

The extension was finalized following the recommendation of the Shariah Advisory Committee (SAC), which operates under the Debt Management Department.

The Government's Cash and Debt Ma...