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Newswatch
Jatrabari-Gulistan flyover bonds get SEC nod
12/27/2005
The Securities and Exchange Commission (SEC) Monday accorded registration to the issuance of Asset Backed Zero Coupon Bonds to raise funds for financing the Jatrabari-Gulistan flyover project, official sources said. The bonds will be issued under a joint initiative of the Investment Corporation of Bangladesh (ICB) and the Dubai-based Belhasa-Accom and Associates Ltd through securitisation of toll receivables of the flyover project.
— BDNEWS
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