"4% NMB Urja Rinpatra (Energy Bond) 2093/94" Now Listed in NEPSE

"4% NMB Urja Rinpatra (Energy Bond) 2093/94" has been listed in NEPSE. NMB Bank Limited had issued "4% NMB Urja Rinpatra (Energy Bond II) 2093/94" from 21st Baisakh to 4th Jestha, 2079.

The total issue was for 35,00,000 units, with each unit having a par value of Rs. 1,000. While 21,00,000 units were to be subscribed via private placement, 14,00,000 units were offered to the general public, including a 5% quota for mutual funds. As per the issue manager Siddhartha Capital Limited, only 27,27,437 units of the total issue were allotted to applicants which is now listed in NEPSE.

As the name suggests, the bond will generate an 4% annual return to unitholders till the maturity date.