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NCC bank will issue perpetual bonds of Tk. 500 crore, and the proceeds of the bonds will be regarded as Additional Capital for the issuer.

NCC bank will issue perpetual bonds of Tk. 500 crore, and the proceeds of the bonds will be regarded as Additional Capital for the issuer.

State and explain whether the launch of Perpetual Bond will be a source of fund or use of fund for NCC bank. Under which category of source of fund or use of fund will this fall under? Do you think bank frequently launches bonds, why or why not?

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