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Notifications

Auction Notification

Auction Notification

Bhutan Development Bank Limited (BDB) is pleased to announce the public auction of immovable and movable properties scheduled as follows:
Date: April 29, 2025
Time: 10:30 AM
Venue: BDB Training Hall, Head Office, Thimphu
Bidder Registration: 9:00 AM to 10:00 AM

The interested bidders are requested to inspect properties if desired prior to auction. All properties will be sold on an “AS IS WHERE IS BASIS”. For a detailed list of properties and the terms and conditions of the auction to the bidders please visit our website www.bdb.bt or contact the following:

📞 +975 77657461 | +975 77303429 | +975 77165197
Or visit Auction Unit, Head Office during working hours.

Terms And Conditions of Auction
Auction List
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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