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KATHMANDU: Nabil Bank Limited has opened the public issue of the “8% Nabil Bank Debenture 2085” today, i.e. 10th Shrawan. The issue will conclude on 13th Shrawan, 2078. If not subscribed by the early closing date, the deadline can be extended till Shrawan 24.
30,00,000 units will be issued at a par value of Rs.1000 per unit. Of the total issue, 18 lakh units will be subscribed via private placement and 12 lakh units will be issued to the general public, including a 5% quota for mutual funds.
Investors can apply for a minimum of 25 units to a maximum of the entire issue size. As the name suggests, “8% Nabil Bank Debenture 2085” has a maturity period of 7 years and will yield 8% annual returns to unitholders.
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