Nepal Infrastructure Bank Appoints NIMB Ace Capital as Issue Manager for "NIFRA Energy Bond 6% (2088/89)"

Nepal Infrastructure Bank Limited (NIFRA) has appointed NIMB Ace Capital Limited as the issue manager for its upcoming "NIFRA Energy Bond 6% (2088/89)."

The bond, with a 6% interest rate and a 7-year maturity, aims to support Nepal's energy infrastructure, which is crucial for the nation's economic growth.

The bond issuance, totaling NPR 5 billion, will allocate 60% for private placement and 40% for the general public, promoting wider investment opportunities.

This initiative is expected to strengthen the energy sector, enhance financial inclusion, and offer a secure investment option for both institutional and individual investors.

NIFRA is dedicated to advancing infrastructure development in Nepal by providing a variety of financial services to support both the public and private sectors.