Bangladesh has planned to issue floating rate bonds, the first of its kind in the country.
The objective behind issuing the bonds is to meet the government's own rising financial need and develop debt profile, Xinhua news agency reported.
Md Ekhlasur Rahman, a Finance Ministry official, said the government has already issued a notification in this regard.
According to the officials, maturity period of the bond styled “Floating Rate Treasury Bonds” (FRTB) will be more than one year.