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Thursday, May 16, 2019
Nepal Bangladesh Bank to float debentures from 10 Jestha 2076.
Nepal Bangladesh Bank to float “10.25% NBBL debenture 2085” from 10 Jestha 2076. The early closing date is 14 Jestha 2076 & if not subscribed, final closing date is 08 Asar 2076.
The company will be floating 20 lakh units of debenture at the rate of Rs.100. 8 lakh units of issue is allocated for general public out of which 5% or 40,000 units are for existing mutual fund and rest for others.
Nabil Investment Banking Limited will manage the issue.
Interested applicants can apply for minimum 25 units & maximum 1 lakh units through C-ASBA approved BFIs.
Debentures holders will get 10.25% interest annually upto 2085.