Treasury Bills
Treasury Bill is a short term investment issued through auctions conducted by the Central Bank of Bangladesh on behalf of the Government.
Treasury Bills are issued at a discount and the face value is paid at maturity with interest paid up-front. An investor can buy Treasury Bills either directly from Commercial Bank or from primary dealers.
The Essentials
Interest and maturity proceeds are guaranteed by the Government
Your investment is secure as there is zero default risk
Sure security of returns tradability leading to instant liquidity
No withholding tax will be deducted from the earningsBond
Treasury Bill is a transferable instrument, where your ownership can be transferred at any time by you. This makes it the safest and most liquid investment opportunity available in the country. Since you can discount the Treasury Bill at any time, it is almost like having cash in your hand.
Treasury Bills are issued at a discount and the face value is paid at maturity with interest paid up front.
You can buy Treasury Bills which are issued at three, six and twelve month maturity periods, either directly from Commercial Bank or from primary dealers.
Benefits of Treasury Bills
- Issued by the Government and is 100% risk free.
- Market determined yield rates enabling you to receive the highest possible interest rates.
- Treasury Bills are tradable in the secondary market providing you with instant liquidity by sale.
- You can make joint investments making Treasury Bills the ideal way to share wealth with loved ones.
- No taxation and no stamp duty.
All transactions will be by means of state-of-the-art scrip less security settlement systems and the fully automated Central Depository System (CDS).
Eligibility
- Resident individuals and corporate bodies incorporated in Bangladesh.
- Foreign institutional investors including country funds, regional funds or mutual funds.
- Corporate bodies incorporated outside bangladesh.
- Citizens of foreign states whether resident in bangladesh or outside in Bangladesh.
- Non resident Bangladesh.
are eligible to apply for Treasury Bills.
If you fall in to the category of investors from c to e as mentioned above, you should invest through Securities Investment Account and securities will be allocated for same after inquiring the availability in the leeway from the Central Bank.
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
Treasury Bonds
Apply for a Treasury Bills
Related Categories
Investments
Foreign Exchange
Fixed Income Products
