With 5%-plus economic growth for 16 consecutive years, Bangladesh has easily been one of the best investment stories to tell.
However, that stellar growth has never been matched by the same levels of foreign investment not just in terms portfolio capital but also in terms of foreign direct investment. Because despite last year's record haul, FDI in Bangladesh as a percentage of its gross fixed capital formation remains well below the average for South Asia as a whole, let alone for developing countries generally.
A Bangladeshi sovereign bond could help change that.
While Dhaka can put forward various measures...