The bank has launched an 8-year debenture named ‘Nabil Debenture 2089’ with a 7% annual interest rate.
Nabil Bank Limited has begun the public issuance of its debenture titled ‘Nabil Debenture–2089’ from 6th Shrawan 2081. The total issue amounts to Rs. 3 arba, divided into 30 lakh units, each with a par value of Rs. 1,000. Of the total, 18 lakh units will be privately placed, while the remaining 12 lakh units are offered to the general public.
Out of the 12 lakh publicly issued units, 5% (i.e., 60,000 units) have been reserved for mutual funds. The remaining units are available for application by individual investors. Applicants can apply for a minimum of 25 units and up to 12 lakh units, depending on their investment capacity.
Interested investors can apply through C-ASBA participating banks and financial institutions, their branch offices, or via the Meroshare platform of CDSC.
This debenture has a tenure of 8 years and offers a fixed annual interest rate of 7 percent. The issue will close as early as 9th Shrawan, but the deadline may be extended until 20th Shrawan if it is not fully subscribed by then. Nepal SBI Merchant Banking Limited is managing the sale of this debenture.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
