"10.30% Standard Chartered Bank Nepal Debenture" and "10.75% NMB Debenture 2089/90" Listed in NEPSE

Wed, Jul 5, 2023 12:38 PM on Latest, Bonds & Debentures,

24 lakh units of "10.30% Standard Chartered Bank Nepal Limited Debenture" have been listed in NEPSE.

Standard Chartered Bank Nepal had issued 24 lakh units of "10.30% Standard Chartered Bank Nepal Limited Debenture" from 26th Magh till 1st Falgun, 2079.

24 lakh units were issued at a par value of Rs.1000 per unit. Out of the total units, 14.40 lakh units of the total issue were subscribed via private placement while the remaining 9.60 lakh units worth Rs. 96 Crores were open for public issue, 5% of which was also allocated for mutual funds.

As the name suggests, "10.30% Standard Chartered Bank Nepal Limited Debenture" has a maturity period of 5 years and will yield 10.30% annual returns to unit holders till its date of maturity.

Similarly, 40 lakh units of "10.75% NMB Debenture 2089/90" have also been listed in NEPSE.

NMB Bank had issued 40 lakh units of 10.75% "NMB Debenture 2089/90" from 21st Chaitra to 24th Chaitra, 2079.

Out of 40 lakh units issued, 60% i.e. 24 lakh units of the total issue were subscribed via private placement while the remaining 16 lakh units worth Rs. 1.6 Arba were open for public issues, 5% of which was also allocated for mutual funds.

As the name suggests, "10.75% NMB Debenture 2089/90" has a maturity period of 10 years and will yield 10.75% annual returns to unit holders till its date of maturity.