Kathmandu. NIC Asia Bank has issued nic Asia Debenture for a period of 10 years from April 25 to April 15, 2019. The bond has an interest rate of 7 per cent.
The bank had issued 60 per cent of the total debentures worth Rs 5 billion at the rate of Rs 1,000 per debenture to individuals and 40 per cent i.e. 2 million units to the general public.
Those who applied for the sale period were allotted on Sunday. The details of the bonds allotted can be accessed from prabhu capital limited’s website and cdac-operated website for the issue and sale manager of securities.
