"9% KSBBL Debenture 2087" Listed in NEPSE
Wed, Jun 23, 2021 5:19 PM on Latest, Bonds & Debentures,
The units of "9% KSBBL Debenture 2087" are now listed in NEPSE. The debenture had opened for application from Magh 22. The early closing date of the issue was on Magh 26. Since the issue was not fully subscribed, the deadline had been extended to Falgun 06, 2077.
The debenture titled "9% KSBBL Debenture 2087" has a coupon rate of 9%. The coupon rate is simply the annual payment made by the issuer of the debenture to the investors.
A total of 10 lakh units are registered. 4 lakh units were opened for the public issue and 6 lakh units were subscribed via private placement. 5% of the public issue was reserved for mutual funds. Rs. 1000 is the par value.