AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 1 June 2014,Bangladesh Bank issued Foreign Exchange Circular No. 22 notifying that bullet repayment terms will no longer be allowed for external financing of imports where the financing period exceeds 6 months or the trade value is greater than USD 500,000. For these agreements, quarterly repayments are stipulated.
Bullet loans are defined as loans where the entire amount is payable at maturity.
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