Siddhartha Bank Limited has had its “SBL Debenture, 2082” delisted from the Nepal Stock Exchange (NEPSE). According to NEPSE, the delisting took place after trading on Poush 24, as the debenture is set to mature on Poush 26.
The bank had issued the debenture with a 10.50% interest rate for a seven-year term. A total of 2,162,559 debenture units, each with a face value of NPR 1,000, were listed on NEPSE. Debenture holders had been receiving quarterly interest payments, and the debentures were also available for secondary market trading.
Upon maturity, investors holding the debenture will receive their principal along with accrued interest.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
