Kathmandu. Today is the last day to apply for nepal SBI bank bond. The bank had issued debentures worth Rs 3 billion from July 1. The bank has issued ‘Nepal SBI Bank Bond-2090’. The bank has sold a total of 3 million units of this bond at a face value of Rs 1,000.
Of the total units, the bank has sold 1.8 million units individually. The remaining 1.2 million units have been opened for sale to the general public. Investors can apply for a minimum of 25 units and a maximum of 1.2 million units.
Applications can be made from the banks and financial institutions participating in the ASWA service licensed by the Securities Board of Nepal and their designated branch offices as well as from my share of CDSC.
The investors will get 7 percent interest per annum on this bond of Nepal SBI Bank. It is a 10-year bond. Nabil Investment Banking is the bond sales manager.
