NIC Asia Bank’s “NIC Asia Debenture 2083/84” to Mature on Bhadra 10

Summary

NIC Asia Bank’s debenture issue “NIC Asia Debenture 2083/84” will mature after Bhadra 10, 2083. The bank issued 1,943,698 units at a face value of Rs. 1,000 each with a fixed interest rate of 10.25 percent for seven years.

Key Points
  • NIC Asia Bank Limited has announced that its debenture issue “NIC Asia Debenture 2083/84” will mature after Bhadra 10, 2083.
  • The bank issued 1,943,698 debenture units with a face value of Rs. 1,000 per unit and a fixed interest rate of 10.25 percent.
  • The debentures were listed on the Nepal Stock Exchange Limited after a listing agreement signed on Mangsir 18, 2076.
  • The bank has asked the concerned authorities to begin the required procedures under the listing agreement and regulatory rules.
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