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Originally bonds could be purchased as in units of five Irish pounds, with a minimum purchase of £10. Today the unit price is 6.25 Euros (equivalent to IR£4.92 at the final fixed exchange rate) and a minimum purchase of €25 is required. In September 2009 the Prize Bond fund exceeded €1bn for the first time. [3]
All prizes are tax free and, with approximately 84 billion bonds issued, the chances of any one bond winning a prize for a given month are approximately 24500 to 1. However, if a bond wins a prize, that bond is not redeemed but remains 'in the pool' for all forthcoming draws (at least until the bond-holder decides to redeem it.).
Bangladesh Academy for Securities Market (BASM) was established in July 2019 as the academic unit of Bangladesh Securities and Exchange Commission. [11] Two professors of the University of Dhaka, Shaikh Shamsuddin Ahmed and Mizanur Rahman, were appointed commissioners of Bangladesh Securities and Exchange Commission on 20 May 2020 for 4 years. [12]
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Bangladesh Saving Certificates- This five year saving scheme provides return of around 12.2% at maturity with varying degree of returns for premature withdrawal depending on the duration of investment. Maximum allowable investment in this scheme is capped to Tk 30,00,000/- for individual investors and Tk 60,00,000/- for joint investors.
Central Depository Bangladesh Limited was established on 20 August 2000. [1] AKM Shamsuddin was the founding chairman of Central Depository Bangladesh Limited. [6] On 20 October 2003, Electronic Government Securities Registry went online, allowing the Central Depository Bangladesh Limited to function.
The Daily Sun is an English-language daily newspaper published in Dhaka, Bangladesh. [1] Also it publishes bangla-language daily news. It was founded in 2010. [2] The main paper has 28 pages including 4 pages on business and 8 pages on sports which is called "Winner".
The Independence of Bangladesh was declared on 26 March 1971 (After midnight 12 am, 25 March) at the first watch by Sheikh Mujibur Rahman. [5] [6] [7] Then it was read out at first M.A Hannan and then by Major Ziaur Rahman, on behalf of Sheikh Mujibur Rahman at Radio Station on 27 March, 1971. [8]