US
Dollar Premium Bond
US Dollar Premium Bond is a product designed by
Bangladesh Central bank for Bangladeshi national living abroad. The objective
of this product is to encourage the NRBs to invest their hard earned money to
purchase bonds on which the government guarantees a secure and tax free income
with a stable and lucrative interest rate.
Features
& Benefits:
·
This bond can be issued in the
denomination of US $500, $1000, $5000, $10,000 and $50,000
·
Can be purchased of any amount in
multiples of US $500 without a maximum limit
·
The tenure is three years
·
The interest rate is 7.5 % per annum
payable on half-yearly basis in Bangladeshi taka
·
The interest is payable only in
Bangladeshi Taka
·
Auto renewal option available
·
Can be used as security for any loan
·
Tax exemption on the principal and
interest amount
·
The principal and interest will be
payable in US Dollar
·
Investors of one Million US Dollar and
above shall be treated as CIP
·
Death risk benefit up to 15% to 25% of
investment
·
Principal can be repatriated in the
foreign country.
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