• Thursday, October 02, 2014

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Savings Instruments

Sales of savings tools soar on high interest rates

Sales of savings tools soar on high interest rates

Net sales of savings instruments rose almost 14 times in the first eleven months of the just-concluded fiscal year, as investors were lured in by government interest rates as high as 5 percentage points larger than those offered by commercial banks on term deposits.   The government sold Tk 10,018 crore worth of savings...

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