Reminder: Last Day to Apply for "8.5% NMB Rinpatra 2087/2088"

NMB Bank Limited has opened the issue of "8.5% NMB Rinpatra 2087/2088" from 2nd Jestha. The issue will close today, i.e. on 6th Jestha, 2078. 

20,00,000 units are being issued at a par value of Rs.1000 per unit. 12 lakh units of "8.5% NMB Rinpatra 2087/2088" will be subscribed via private placement and the remaining 8 lakh units will be issued to the general public, with a 5% quota for mutual funds.

Investors can apply for a minimum of 25 units and a maximum of 8,00,000 units.

ICRA Nepal has given an issuer rating of [ICRANP-IR] A- to "8.5% NMB Rinpatra 2087/2088," implying an adequate degree of safety regarding timely servicing of financial obligations.

Offer Letter