Today, Falgun 14, is the final day to apply for ICFC Finance Limited’s bond issuance.
The company opened the bond sale on Falgun 11, 2083 B.S., issuing a total of 500,000 bonds at a face value of NPR 1,000 per bond, raising NPR 50 crore in total. Of these, 300,000 bonds are allocated for individual investors, while the remaining 200,000 bonds are reserved for the general public. Out of the 200,000 bonds for the general public, 10,000 bonds are reserved for collective investment funds.
Applicants can apply for a minimum of 25 bonds and a maximum of 200,000 bonds. The bond issuance and sales are managed by Kumari Capital.
The Securities Board of Nepal approved the bond issuance on Magh 21, 2083 B.S. The bond carries an annual interest rate of 8% and has a tenure of seven years.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
