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Notifications

Auction Notification

Notification

Bhutan Development Bank Ltd. (BDB) is pleased and honored to serve as one of the official brokers for the Gelephu Mindfulness City National Building Bond (GNBB).

This bond offers a unique opportunity for Bhutanese citizens to invest in and actively contribute to the historic nation-building initiative the Gelephu Mindfulness City (GMC) project.

We invite interested investors to be part of this transformative journey. The GNBB is available through BDB’s Head Office broker, Branch Offices, and Geog Field Offices.

Bond Details
Issued by: Gelephu Investment and Development Corporation
• Issue Opening Date: 02 May 2025
• Issue Closing Date: 31 May 2025
• Face Value: Nu. 1,000 per unit
• Term: 10 years
• Coupon/Interest Rate: 10% per annum
• Coupon Payment: Annually
• Minimum Investment: 10 units (for individual investors)
• Personal Income Tax (PIT): Coupon income is exempted

For further information, please contact your nearest Gewog Field Office or visit any of our Branch Offices or the Head Office broker.

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Auction Notification

Tender Notification

Bhutan Development Bank (BDB) invites sealed quotations from interested and eligible national Lift Dealers and Contractors for the following:

1. Supply and Installation of a Lift at the BDB Corporate Office, Thimphu
Tender Submission Deadline: On or before June 28, 2025, at 11:00 AM
Tender Opening: June 28, 2025, at 11:30 AM

Tender Documents, along with the Terms and Conditions, can be purchased from the Procurement Section, BDB Head Office, Thimphu, during office hours from May 29, 2025, to June 28, 2025, upon payment of a non-refundable fee of Nu. 500/- per set.

For further information, please contact: +975-17421857 / +975-77716979 during office hours.

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