Siddhartha Bank’s “SBL Debenture 2082” to Mature on Poush 26, 2082

Summary

Siddhartha Bank Limited's 'SBL Debenture 2082' with a fixed 10.50% interest and seven-year maturity will mature on Poush 26, 2082. The bank has called for procedural actions as per regulations.

Key Points
  • Siddhartha Bank Limited issued 22,50,000 units of debentures named 'SBL Debenture 2082' each with a Rs. 1,000 face value.
  • The debentures carry a fixed interest rate of 10.50 percent with a seven-year maturity period.
  • 21,62,559 units of the debentures were allotted on Poush 27, 2075.
  • The debentures have been listed on Nepal Stock Exchange Limited and are set to mature after Poush 26, 2082 with procedural preparations underway.
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