10% NIC Asia debenture: Issue worth 4 arba from Magh 13

January 17, 2019 | Investopaper

NIC Asia bank will issue ” 10% NIC Asia Debenture 2085/86″ from Magh 13 2075. The total of 40 lakhs unit debenture is being issued which will be closed on Magh 16, 2075.

Out of total units, 16 lakhs units has been set aside for general public. Mutual funds have been assigned 80,000 units of the general public issue.

The applicants can apply for minimum of 25 units and maximum 20 lakhs unit at a par value of Rs. 1000.

Nepal SBI  has been appointed as an issue manager. Applications  can be placed from branches of Nepal SBI Merchant Banking, NIC Asia Bank and all other financial institutions providing C-ASBA facility.

NIC Asia will have raised 9.33 arba capital  from the debenture issue after the issuance of this debenture.


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

Leave a Reply

Your email address will not be published.

error: Content is protected !!