Ethiopia has building the Grand Ethiopian Renaissance Dam that requires huge fund and the government decided to finance the costly project itself, and has developed a plan to sell bond directly to citizens at home and abroad. The major aim of this study is to examine factors affecting fund raising through selling the GERD Bond in CBE Gondar District. The study used quantitative research approach in a survey of clerical employees working in CBE Gondar District and primary data was collected through closed ended questionnaire. Cluster sampling technique was applied and 298 questionnaires’ were distributed to employees, samples were drawn from two clusters from the nine clusters using simple random sampling techniques. The final respondents were selected from the two clusters randomly as per their proportion. The researcher used both descriptive and inferential statistics to analysis the data. Tests of multicollinearity, autocorrelation, Correlation, and hetroscedasticsity were carried out to check the validity of the model. The empirical results from regression analysis revealed that liquidity of the bond, coupon rate, knowledge and attitude of people, and saving culture have positive effect whereas service quality has negative effect on fund raising through selling the GERD bond. Selling the GERD bond is strongly influenced by liquidity of the GERD bond and service quality has no impact on the decision of customers to buy the GERD bond. The findings of the study were presumed to be vital to provide input information for policy makers to revise the existing policy to solve the challenges faced on the GERD Bond in CBE. Consequently, Emphasis should be given to examine and evaluate factors that affect government fund raising through issuing the GERD bond that impede the fund raising campaign, considering each factor on the current situation of Ethiopia