Nabil Bank to Issue Bonds Worth NPR 3 Billion

Nabil Bank is set to issue bonds worth NPR 3 billion. Here are the key points:

1. Bond Issuance Preparation:

- Nabil Bank is preparing to issue bonds worth NPR 3 billion.

- For this, approval has been sought from the Nepal Securities Board (SEBON).

2. Application and Approval:

- An application to issue 3 million bonds was submitted to SEBON on Asar 14.

- Nepal SBI Merchant Banking has been appointed as the bond issuance and sales manager.

3. Bond Interest Rate and Duration:

- The bonds are planned to be issued for the next eight years with an annual interest rate of 8%.

Nabil Bank is aiming to raise necessary capital through this bond issuance. Interested investors can take advantage of this opportunity to purchase bonds with an annual interest rate of 8% for eight years.