Kathmandu. Today is the last day to apply for Siddhartha Bank’s debentures.
The bank had issued ‘SBL Debenture-2091’ worth Rs 2.5 billion from July 1. Applications on this bond can be made till today’s banking time.
The bank has opened a total of 2.5 million units of debentures at a face value of Rs 1,000. Of these, 1.5 million units were sold individually and the remaining 1 million units were issued publicly.
The general public can apply for a minimum of 25 units of shares and a maximum of 25 units of shares. Investors can apply for the purchase from the banks and financial institutions participating in the Aswa service approved by the Securities Board of Nepal and my shares of CDSC.
This bond is of 10 years duration. Investors will get 7.5 percent interest per annum.
NMB Capital is the bond sales manager of Siddhartha Bank.
