Kathmandu. Nabil Bank and Nirdhan Utthan Laghubitta Bittiya Sanstha have started the process to issue bonds. <\/p>\n
Nabil Bank and Nirdhan Utthan Laghubitta have applied to the Securities Board of India (SEBON) seeking permission to issue bonds. Both these financial institutions will issue bonds after the Securities Board gives permission. <\/p>\n
Nabil Bank has sought permission from the Securities Board of India (SEBON) to issue Nabil Debentures 2093 worth Rs 4 billion. If the Securities Board of India approves it, the bank will issue a total of 40 lakh units of debentures at a face value of Rs 1,000. <\/p>\n
The bond is for a period of 10 years. The investors will get an interest rate of 5.5 per cent per annum. Global IME Capital has been appointed as the issue manager for the bonds. <\/p>\n
Out of the total offered units, Nabil Bank will issue 24 Lakh units of Debentures while the remaining 16 Lakh units will be issued to the public. <\/p>\n
Similarly, Nirdhan Utthan Laghubitta has sought permission from the Securities Board of India to issue debentures worth Rs 1 billion. 93 debentures. If the Securities Board of India grants permission, the company will issue a total of 10 lakh units of debentures at a face value of Rs 1,000. <\/p>\n
This bond is also for a period of 10 years. Investors will get 7 percent interest annually. NIMB Ace Capital has been appointed as the issue manager for the bonds. <\/p>\n
Out of the total offered shares, the company will issue 6 lakh units of debentures while the remaining 4 lakh units will be issued to the public. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Nabil Bank and Nirdhan Utthan Laghubitta Bittiya Sanstha have started the process to issue bonds. Nabil Bank and Nirdhan Utthan Laghubitta have applied to the Securities Board of India (SEBON) seeking permission to issue bonds. Both these financial institutions will issue bonds after the Securities Board gives permission. Nabil Bank has sought permission from […]<\/p>\n","protected":false},"author":16,"featured_media":203611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45159,45180],"tags":[],"class_list":["post-321186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-stockmarket-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/321186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=321186"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/321186\/revisions"}],"predecessor-version":[{"id":321187,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/321186\/revisions\/321187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/203611"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=321186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=321186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=321186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}