"8.75% Muktinath Debenture/Rinpatra 2084/85" Allotted to Applicants

Muktinath Bikas Bank Limited has allotted the "8.75% Muktinath Debenture/Rinpatra 2084/85." The allotment concluded on 21st Shrawan, 2078.

The issue opened on 7th Shrawan and closed on 11th Shrawan, 2078, at the end of banking hours. 12,50,000 units were issued at a par value of Rs.1000 per unit. 7.5 lakh units were to be subscribed via private placement and 5 lakh units were opened for the public issue, including the 5% quota for mutual funds.

The general public has been allotted according to demand and private placement has been made proportionately.

"8.75% Muktinath Debenture/Rinpatra 2084/85" is a debenture issued by Muktinath Bikas Bank Limited (MNBBL). As the name suggests, the debenture has a maturity period of 7 years and will yield an 8.75% annual return to unitholders.