The bank is issuing '10.25% Siddhartha Bank Debenture 2083' having a maturity period of 7 years at a face value of Rs 1000.
Out of the total offered units, the bank has allocated 1 million units to the general public while the remaining will be privately financed.
The bank has appointed NMB Capital as its issue manager.
The interested investors can apply for a minimum of 25 units and a maximum of 1 million units from all C-ASBA approved BFIs and meroshare.
As per the bank, the debenture yields 10.25 percent interest rate annually payable semi-annually.
ICRA Nepal has assigned LA- (ICRA L A Minus) rating to the issue indicating low credit risk.
