Debenture of Global IME Bank oversubscribed

KATHMANDU: Global IME Bank’s debenture has been oversubscribed. The bank had issued allotted its (30,00,000 units @ Rs.1000 per unit) Global IME Bank Debenture 2086-87 to the general public on Tuesday. The 10-year debenture scheme was floated at 8.50% interest rate. Once could apply a minimum of 25 units share to maximum of one million units. Century Capital Markets Limited is the sales manager of the debenture.