Kamana Sewa Bikash Bank to float 10 lakh unit debenture with 10 years maturity period and semi-annual interest yield; appoints CIT as share underwriter
Tue, Dec 1, 2020 7:30 AM on Latest, Bonds & Debentures,
Kamana Sewa Bikash Bank has appointed Citizen Investment Trust (CIT) as its share underwriter for its upcoming 10 lakh unit debenture with a price tag of Rs 1000 for every unit.
The agreement for the same was signed between the CEO of the development bank Mr. Prabin Basnet and his counterpart at CIT Mr. Raman Nepal amid a program.
The KSBBL Debenture 2087 will have a maturity period of 10 years with a semi-annual interest yield and will be issued to the general public after receiving final approval from the SEBON, as per the media statement.
