"11% LBBL Debenture 2089" Closing Today; Minimum Applications Can Be Placed for 25 Units

Lumbini Bikas Bank Limited (LBBL) is closing the issue of 10,00,000 units of "11% LBBL Debenture 2089" to the general public and institutions from today i.e. on 25th Jestha, 2080. The issue opened on 16th Jestha.

10 lakh units are being issued at a par value of Rs. 1000 per unit. Out of the total units being issued 60% i.e. 6 lakh units of the total issue will be subscribed via private placement while the remaining 4 lakh units worth Rs. 40 Crores are open for public issue, 5% of which is also allocated for mutual funds. It will raise a total of Rs 1 Arba from the issuance.

Nabil Investment Banking Limited is the issue manager. Investors can apply for a minimum of 25 units to a maximum of 1,00,000 units.

As the name suggests, the "11% LBBL Debenture 2089" has a maturity period of 10 years and will yield 11% annual returns to unit holders till its date of maturity.\

Closing Notice