BRAC Bank and BRAC EPL Investments successfully closed the SAJIDA Foundation 2nd Zero Coupon Bond, marking a significant milestone in Bangladesh’s debt market with a face value of BDT 1,980 million, a press release said.
The two institutions jointly served as arrangers for the issuance, reinforcing their leadership in shaping Bangladesh’s evolving debt market.
The bond was fully subscribed, attracting strong interest from a broad base of institutional and high-net-worth investors. This response marks a significant expansion of participation within the country’s bond market, signalling growing engagement from segments beyond traditional players, such as banks, NBFIs, and insurance companies.
Adding further appeal, the interest income from the instrument is entirely tax-exempt for all investors except banks, NBFIs, and insurance companies. This creates a compelling opportunity for alternative investors looking to optimise returns while contributing to impactful development financing.
The successful issuance reflects the market’s confidence in SAJIDA Foundation’s resilient credit standing and underscores the commitment of BRAC Bank and BRAC EPL Investments to champion innovative debt solutions that catalyse long-term market development.
SAJIDA Foundation, a Bangladesh-based non-profit organisation, is working across health, microfinance, education, and climate resilience, and continues to uplift marginalised communities with programmes that drive sustainable wellbeing and equitable progress.
BRAC EPL Investments Limited, one of Bangladesh’s leading investment banks, provides comprehensive services in issue management, corporate advisory, and portfolio oversight.
A zero-coupon bond is a fixed-income instrument issued at a discount, offering no periodic interest, with investors receiving the full face value at maturity. The successful closure of the SAJIDA Foundation 2nd Zero Coupon Bond demonstrates BRAC Bank and BRAC EPL’s expertise in delivering innovative financing solutions that attract a wide spectrum of investors, mobilise substantial capital for development initiatives, and provide a secure, tax-efficient investment option in Bangladesh’s growing debt market.
