Pubali Bank perpetual announces 10% semi-annual coupon rate
Local institutional investors and high-net-worth individuals subscribed to the bond units through private placement
Pubali Bank Perpetual Bond, a listed corporate bond in the country's capital market, has announced a 10% semi-annual coupon rate for its investors.
In a disclosure today (16 September), Pubali Bank PLC, the issuer of the bond declared the coupon rate for the period from 23 September 2025 to 22 March 2026, according to the Dhaka Stock Exchange (DSE).
Approved by the Bangladesh Securities and Exchange Commission (BSEC) in December 2021, the Tk500 crore perpetual bond was issued to strengthen the bank's additional Tier-1 capital base. Of the total, Tk450 crore was raised through private placement and Tk50 crore through a public offering.
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Local institutional investors and high-net-worth individuals subscribed to the bond units through private placement, while general investors purchased them via public offering.
The bond is unsecured, contingent-convertible, non-cumulative, fully paid-up, and compliant with Basel III standards. It offers a coupon rate ranging from 6% to 10%, with a minimum subscription size of Tk5,000.
Institutional investors hold 99.43% of the bond units, while general investors hold 0.56%, according to August 2025 DSE data.
The bond, which debuted on the stock exchanges in March 2022, closed at Tk4,715 each today.
Earlier, for the period between 23 March and 22 September 2025, the bond also paid a 10% semi-annual coupon rate.
