The proceeds of the taka bond will be lent to clients in Bangladesh. The bond will be listed as the “Bangla Bond”, the Bangladesh High Commission in London said in a statement. IFC Vice-President for Asia and Pacific Nena Stoiljkovic, IFC Treasury Client Solutions Director Keshav Gaur, and IFC South Asia Director Mengistu Alemayehu will also be present. The high commission will also host a "Bangladesh Investment Dialogue" at the Taz Hotel in the afternoon on the occasion of the enlistment of the bond. But there will be 4-5 percent interest on taka bonds.

Source: bd News24 November 10, 2019 16:13 UTC