"8.5%, 7 years, Nepal Investment Bank Bond 2084" approved by SEBON; 16 lakh units will be open for public issue
Sun, Dec 6, 2020 4:15 PM on Latest, Bonds & Debentures,
Nepal Investment Bank's debenture with a maturity period of seven years is approved by SEBON. The debenture titled "8.5%, 7 years, Nepal Investment Bank Bond 2084" has a coupon rate of 8.5%.
A total of 40 lakh units are registered. 16 lakh units will be open for the public issue and 24 lakh units will be subscribed via private placement. Rs. 1000 is the par value.
RBB Merchant Banking has been appointed the issue manager. SEBON approved the debenture on Mangsir 18.
