Bangladesh Bank Sets December 1 for Tk 3,000 Crore Sukuk Auction

Bangladesh Bank (BB) will hold an auction of the second Short-Term Bangladesh Government Investment Sukuk (BGIS) worth Taka 3,000 crore on December 1, 2026, to finance the 'Important Rural Infrastructures Development Project on Priority Basis'.

The 182-day Short-Term BGIS will be issued through the Ijarah method, according to a press release issued today.

The auction will be conducted through the central bank's Shariah Securities Module (SSM).

According to the prospectus, the Sukuk will have a face value of Taka 3,000 crore, with a maturity date of June 2, 2027.

Investors will receive a total rental payment of Taka 112.19 crore for the 182-day period, equivalent to an annual rate of 7.50 per cent. The rental amount will be paid in a lump sum upon maturity.

All banks and financial institutions maintaining current or Al-Wadiah current accounts with Bangladesh Bank will be eligible to participate directly in the auction.

Individual investors, both domestic and foreign, as well as corporate entities, investment companies, insurance companies, provident funds and deposit insurance funds will also be eligible to participate through banks or financial institutions maintaining current or Al-Wadiah current accounts with the central bank.

Investors will be able to submit their bids online through the Shariah Securities Module (SSM) against their respective Sukuk Investor ID (SI ID) from 10:00 am to 1:00 pm on December 1.

Bids must be submitted in multiples of Tk 10,000.

New investors intending to participate in the auction have been advised to contact their respective banks and complete the process of opening an SI ID by November 29, 2026.

The Sukuk allocated in favour of successful bidders will be reflected in their respective IDs at 3:00 pm on December 1, 2026.