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International Finance Corporation, an organization of the World Bank Group, has taken the initiative to release 'Taka bond' in the country after the releasing of “Bangla bond” in London. The company aims to collect money by releasing bonds and investing in various industries in the country IFC plans to amalgamate money for this bond through an initial public offering in the country's stock market. IFC thinks that this will lead to the development of bond market in the stock market. The Economic Relations Division of the Ministry of Finance gave preliminary consent to the IFC on October 17 to release the money bond.
