Government owned bank too in debenture race now! Nepal Bank to issue Rs 2.5 arba worth 10% Nepal Bank Debenture 2083 to increase its investable fund
Mon, Nov 18, 2019 11:56 AM on Bonds & Debentures, Featured,
Nepal Bank has appointed Nabil Investment Banking as issue manager to float its Rs 2.5 arba 10% Nepal Bank Debenture 2083 having maturity period of 7 years with 10% annual interest yield.
The MoU for the same was inked between CEO of Nepal Bank Mr. Krishna Bahadur Adhikari and CEO in Nabil Investment Banking Mr. Sabir Bade Shrestha amid a program.
The bank will issue Rs 1 arba worth debentures to general public whereas remaining Rs 1.5 arba will be issued in private placement method, as per the press statement.
