IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jun 2014 | Removal date: open ended
Still in force

Trade finance

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.
 
 

AFFECTED COUNTRIES

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