Kathmandu. The Securities Board of Nepal (SEBON) has allowed Rastriya Banijya Bank (RBB) to issue bonds worth Rs 3 billion.
The Securities Board of India (SEBON) today allowed Rastriya Banijya Bank (RBB) to issue debentures called ‘ABBL Debenture-2089’. The bank will now issue a total of 30 lakh units of debentures at a face value of Rs 1,000.
Out of the total units, the bank will issue 12 lakh units to the general public and the remaining 18 lakh units will be sold to individuals.
This is a 7-year bond. Investors will get 6 percent interest per annum on this bond. Kumari Capital has been appointed as the issue manager for this bond.
