Prime Commercial Bank has listed 30 lakh units of its debentures on the Nepal Stock Exchange, with trading scheduled to start from Bhadra 24.
Prime Commercial Bank Limited has successfully listed its debenture worth Rs. 3 arba on Nepal Stock Exchange (NEPSE). The bank issued a 10-year debenture named “Prime Bank Debenture, 2093,” which got listed on Bhadra 22. This debenture offers an annual interest rate of 6.25 percent to investors.
Details of the Listed Debenture
A total of 30 lakh units of debentures have been listed on the exchange. The face value of each unit is Rs. 1,000, bringing total value of the issue to Rs. 3 arba. These securities are now officially ready for transaction on NEPSE floor.
Trading Commencement Date
According to NEPSE, the trading of these debentures will starting from Bhadra 24. The bank have informed that since Bhadra 23 was public holiday, the market remained closed, pushing the first trading day to the next business day.
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