Wage Earner's Development Bonds
Wage Earner's Development Bond is a Bangladesh Government product.
Non-resident Bangladesh nationals and also nationals having his/her origin in Bangladesh and living abroad may purchase "Wage Earner's Development Bonds" in Bangladesh Taka under the following terms & conditions:
These high interest earning bonds are only available in the UK through Sonali Bank (UK) Ltd.
Denominations:
Taka 25,000 - Taka 50,000 and Taka 100,000.
Interest:
12% per annum (AER 12.36%).
Term:
For five years. In case of premature encashment interest will be paid at a lower rate.
Repatriation in Foreign Currency:
Purchaser of Wage Earner's Development Bond can repatriate the principal amount of the bond in foreign currency.
Death-Risk-Benefit:
Death-Risk Benefit for up to Taka 250,000
For further details please contact our Bonds Department, Tel no.: + 44 (0)20 7877 8229
Customers should note that all Bonds are Government of Bangladesh issued and are not Sonali Bank (UK) Limited products. Customers wishing to buy Bonds are required to provide supporting documentation click here to see current requirements.