ANNOUNCEMENT 01 Jul 2014In July 2014, the government of Bangladesh announced a change in its trade finance instruments.
NUMBER OF INTERVENTIONS
F. E. Circular No. 27 of the Bangladesh Bank
On 1 July 2014, the Bangladesh Bank increased the ceiling on external financing on imports with bullet repayment terms from USD 500,000 to USD 1 million. All other conditions remain unchanged (see related measure).
Bullet loans are defined as loans where the entire amount is payable at maturity.