As per Laxmi Capital, issue manager of the bank, a total of 594 applicants have applied for 39,490 units of debenture worth Rs 39.4 million till July 23.
The bank is issuing 40 percent debenture worth Rs 1.20 billion to general shareholders while the remaining 60 percent worth Rs 1.80 billion will be privately financed.
The debenture named '10% Himalayan Bank Ltd Debenture 2083' will have a maturity period of 7 years and yield 10 percent interest rate payable semi-annually.
Out of the total offered bonds to the general public, the bank has allocated 60,000 units to mutual fund.
The interested investors can apply for a minimum of 25 and maximum of all debenture from all C-ASBA approved BFIs and through meroshare software.
CARE Ratings has assigned CARE-NP A(Single A) grade to the issue indicating adequate degree of safety regarding timely servicing of financial obligations in Nepal and low credit risk.
