Bond in Pipeline: Nepal Investment Bank bond 2084
Thu, Sep 24, 2020 11:34 AM on Latest, Bonds & Debentures,
The "Nepal Investment Bank bond 2084" is under preliminary review by the Securities Board of Nepal (SEBON). The application was submitted on Ashwin 05 and the issue is still under SEBON's scrutiny.
"Nepal Investment Bank bond 2084" is Nepal Investment Bank's proposed bond with a maturity period of 7 years. Its coupon rate is set at 8.5%.
Out of the total 40 lakh units, 16 lakh units will be issued to the public and the remaining 24 lakh units will be subscribed by private placement. RBB Merchant Banking is the proposed issue manager.
