Last Day to Apply for Everest Bank’s Debenture Today: 10-Year Debenture Offers 7.50% Interest Rate

Everest Bank, which opened the sale of its NPR 3 billion debenture on Falgun 18, has set today, Falgun 23 (Friday), as the final day for applications. Priced at NPR 1,000 per unit, the bank has issued 3 million units, with 1.2 million units available for the general public. Applications can be submitted within office hours today via C-ASBA member banks or the Mero Share platform.

Named ‘Everest Bank Debenture 2091,’ this 10-year debenture offers an annual interest rate of 7.50%. Investors can apply for a minimum of 25 units up to a maximum of 1.2 million units. Out of the total, 60,000 units are reserved for collective investment funds. Laxmi Sunrise Capital is managing the sale of this debenture.