NRB to Issue “12.50% Foreign Employment Bond 2084” Worth Rs. 50 crores from Jestha 18
Tue, May 31, 2022 2:02 PM on Latest, Bonds & Debentures,
Nepal Rastra Bank (NRB) will be issuing “12.50% Foreign Employment Bond 2084” worth Rs. 50 crores from 18th Jestha and will conclude on 6th Ashar, 2079.
NRB has published a notice announcing Rs. 50 crores saving bonds with a maturity period of 5 years named “12.50% Foreign Employment Bond 2084." Interested individuals can file for bonds worth minimum Rs 10,000 and maximum bonds worth an amount not exceeding the size of total issue and divisible by 10,000 without remainder. The bond will be allotted on Ashadh 13, 2079. The bond is being offered at a very attractive interest rate i.e. 12.5 percent per annum. The payout of interest amount will be done in every six months.
This bond issue is eligible for the nepalese citizen living abroad or involved in foreign employment only. The forms for the bond will be available at the bank's website and can also be submitted via https://www.nrb.org.np/