View Full Version : Bonds with the Minstery of Finance - Bangladesh


s786khan
October 26th, 2007, 11:51 PM
Hi guys,

Hope u r all well - Recently a friend of mine has told me that Bangladesh government has bond options for people in the UK apparently called 'Wage earners bond' apparently they pay a high interest .. according to my friend if you invest 1 crore Taka in the bond you will get 6 lac every 6 months.

Is that true? and are such bonds safe?

Please help!

meghnarmajhi
October 27th, 2007, 01:32 AM
Hi guys,

Hope u r all well - Recently a friend of mine has told me that Bangladesh government has bond options for people in the UK apparently called 'Wage earners bond' apparently they pay a high interest .. according to my friend if you invest 1 crore Taka in the bond you will get 6 lac every 6 months.

Is that true? and are such bonds safe?

Please help!

Here is a page from Sonali Bank (uk) website:

http://www.sonali-bank.co.uk/bonds_premium.asp

snoq
October 27th, 2007, 01:34 AM
Hi guys,

Hope u r all well - Recently a friend of mine has told me that Bangladesh government has bond options for people in the UK apparently called 'Wage earners bond' apparently they pay a high interest .. according to my friend if you invest 1 crore Taka in the bond you will get 6 lac every 6 months.

Is that true? and are such bonds safe?

Please help!

Safest and profitable bond you can get is Wage Earner Development Bond (WEDB) and US Dollar Bond (USDB): Government bonds issued by the Bangladesh Bank, specially for the NRBs. Once bond matures you can get principal and interest in foreign currency. Interest rates goes as high as 12%.


http://www.sonali-bank.co.uk/bonds.asp

Here are some info on investment instrument:

http://www.hsbc.com.bd/bd/personal/manage/bint.htm

s786khan
October 28th, 2007, 12:17 AM
Thanks guys.. Ive seen the websites before..

Do you know anyone who invested in the govt bonds and is getting a good return?

I prefer peoples own experiences on such things rather than what a website tells me.. lol