Dhaka, Sept. 29 -- Bangladesh is preparing to issue sovereign bonds in the international capital market for the first time, aiming to raise up to US$ 1 billion within the next three months, according to official sources.

The government is currently in the process of appointing global financial services firm JPMorgan Chase & C. as the issue manager for the debut bond, which is targeted for release by December this year.

A Bangladeshi delegation recently held meetings with institutional investors in several European countries and in New York of the USA.

A Bloomberg report noted that around 15 major global investment firms, including BlackRock, Pacific Investment Management Company (PIMCO), Texas Pacific Group (TPG), Macquarie, GoldenTree...