Bangladesh plans debut dollar bond in bid to diversify economy.


Bangladesh may enter international debt markets with a dollar-denominated sovereign bond next year, as South Asia's fastest-growing economy seeks funding to expand beyond its key garment-export industry.

The planned sale would follow the country's first-ever offshore bond denominated in takas earlier this year, according to Salman Rahman, Prime Minister Sheikh Hasina's adviser. That note was worth the equivalent of $9.5 million and issued by the World Bank's investment unit, the International Finance Corp.

"Our government and central bank have been very conservative so far" in terms of foreign debt, Rahman said in an interview in London. "We are now realizing that we have...

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