1st-ever Bangladeshi bond to be listed on London bourse

The International Finance Corporation (IFC), a sister concern of the World Bank, is set to float the first-ever Bangladeshi Taka- denominated bond on the London Stock Exchange (LSE).
The bond will be listed as “Bangla Bond”. “The Ring, The Bell” ceremony of the listing of bond will be held on November 11 at the LSE, which will be followed by an ‘Investor’s Roundtable’ to showcase Bangladesh’s growth story and investment opportunities.
IFC and LSE will be jointly organising the roundtable, said the Bangladesh High Commission in London.
Finance Minister AHM Mustafa Kamal, Prime Minister’s Private Sector Industry and Investment Adviser Salman F Rahman and High Commissioner to UK Saida Muna Tasneem will attend the enlistment ceremony and the roundtable.
The LSE will brief the media on the listing from 9:45am-10:15am on Monday.
Bangladesh Finance Minister, Prime Minister’s Private Sector Industry and Investment Advisor, IFC Vice-President for Asia and Pacific Nena Stoiljkovic, IFC Treasury Client Solutions Director Keshav Gaur and IFC South Asia Director Mengistu Alemayehu will speak at the press briefing.
Bangladesh High Commission in London will also host a “Bangladesh Investment Dialogue” on Monday, at the St James’ Court (Taz Hotel) from 5-7pm to celebrate the “The Ring The Bell” ceremony of the listing of the “Bangla Bond”, reports UNB.