Nabil Bank To Close ‘8% Nabil Debenture 2085’ On Shrawan 24

August 6, 2021 | Investopaper

Nabil Bank Limited is currently issuing a debenture named ‘7 years, 8% Nabil Debenture 2085‘. The debenture issue is open from Shrawan 10, 2078 BS. If fully subscribed, the debenture issue was set to close on Shrawan 13, 2078 BS. However, due to under-subscription until that period, the debenture issue will close Shrawan 24, 2078 BS.

Securities Board Of Nepal had provided the approval to the bank on Jestha 11, 2078 BS for the issuance of the debenture.

The bank will float 30,00,000 units debenture. The par value of each unit of debenture is Rs 1,000. Hence, the total debenture issue is worth Rs 3 Arba. Out of the total issue, the bank will sell 18 lakh units debenture worth Rs. 1.80 Arba through private placement.

Likewise, the general public can apply for the remaining 12 lakh units that amount to Rs. 1.20 Arba. Out of the public issue size of 12 lakh units, mutual funds will receive 5 percent or 60,000 units.

The debenture will provide 8 percent interest payable semiannually. The maturity period is of 7 years, hence, the issue will mature on 2085 BS.

One can apply for a minimum of 25 units and a maximum of the full quantity.

Himalayan Capital Limited is the issue and the sales manager for the debenture.

With the prevailing low interest rates at the current financial market, the debenture issue is likely to attract attention. As interest on this debenture is higher than the interest rate on the fixed deposit, investors might consider purchasing the issue as a long-term investment alternative.

You May Also Like:

List Of Upcoming Debentures In Nepal

How To Apply IPO/FPO/Right/Debenture Through Mero Share?


Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

3 thoughts on “Nabil Bank To Close ‘8% Nabil Debenture 2085’ On Shrawan 24

  • June 10, 2021 at 12:26 am

    Since the most of investors including me have no knowledge on NET WORTH, NET PROFIT, DISTRIBUTABLE PROFIT, BOOK VALUE, PB RATIO, EPS, PE, ROA, ROE, BOOK BUILDING, SUPPORT LEVEL, PIVOT LEVEL, RESISTANCE LEVEL and so on, can you please explain them with example and how they are important to enter in share market?

      • November 30, 2021 at 10:20 am

        Hlw I hab 30 kitta nabil bank has already listed on my account.can I sold it or not


Leave a Reply

Your email address will not be published.

error: Content is protected !!