Treasury bond rate hits record 12.8%

Bangladesh’s treasury bond yields have skyrocketed to nearly 12.8% in June 2024, driven by the central bank’s contractionary monetary policy and high inflation. The government’s borrowing from the banking sector has increased, but it has failed to meet its target due to a severe liquidity crisis. The high yields are attracting individual investors seeking low-risk, high-profit investments amid the ongoing economic crisis.  Dhaka Tribune