Last day to apply for Energy Bond issued by NMB Bank

May 27, 2021 10:36 AM Merolagani

Today is the last day to apply for Energy Bond issued by NMB Bank (NMB). The bank started issuing 15 yearly debentures worth Rs 1.50 billion from May 23.

The bank is issuing ‘NMB Energy Bond 4% 2092/93’ debenture that will yield 4 percent annual interest.

The bank is issuing 1.5 million units of debenture at a face value of Rs 1,000. Out of the total offered units, the bank will privately finance 900,000 units of debenture while it will issue 600,000 to the general public from which 5 percent totaling 30,000  units have been allotted to a mutual fund.

The interested investors can apply for a minimum of 25 and a maximum of all units. ICRA Nepal has assigned A- rating to the issue indicating an adequate degree of safety.

The bank has appointed Himalayan Capital as its issue manager. The interested investors can apply from all ASBA approved BFIs and meroshare.

comments powered by Disqus

Net Profit of Mirmire Laghubitta Increases 6 times

Jul 29, 2021 04:11 PM

Mirmire Laghubitta Bittiya Sanstha (MMFDB) has increased its net profit by 6 times to Rs 200.1 million in the fourth quarter of the last FY compared to Rs 34.3 million of the corresponding period of the last FY.

Gold and Silver Price Increases

Jul 29, 2021 01:36 PM