Bank of Kathmandu allots its 8.5% Bank of Kathmandu debenture 2086; debenture with stable interest yield received below-average response from general public with application for just 65K units

Bank of Kathmandu has allotted its 8.50% BoK Debenture 2085 on Poush 8, 2077.

Out of the total 16 lakh unit debentures, 9.60 lakh units were available through private placement whereas the remaining 6.40 lakh unit debentures were available for the general public.

The bank has allotted 65,770 unit debentures to the total applied 1867 applicants. On the other hand, 26 applicants who made their application via private placement were allotted with 15,34,230 units debentures that also include 5,74,230 units unsubscribed units from the general public quota.

The bank currently provides its services to its strong customer base from its 91 branches, 78 ATM terminals, and 10 extension counters throughout the nation.