Dhaka, Nov. 30 -- The term for the first Bangladesh Government Investment Sukuk, valued at Tk8,000 crore, which was issued against the "Safe Water Supply Across the Country" project, has been extended by an additional five years.

Bangladesh Bank in a press release on Sunday informed this information.

The five-year Sukuk was originally set to mature on December 29, 2025. Following this new decision, the bond's next maturity date will be December 29, 2030.

The decision to extend the term was made to protect the interests of the Sukuk holders and ensure adherence to Shariah principles. The extension was based on the recommendation of the Shariah Advisory Committee, formed under Bangladesh Bank's Debt Management Department, and the approva...