SEBON Approves Issuance of ‘7% Nabil Debenture 2089’ Worth Rs. 3 Billion

The Securities Board of Nepal (SEBON) has granted approval to Nabil Bank Limited for the issuance of its ‘7% Nabil Debenture 2089’. A total of 3 million units of the debenture will be issued, each priced at Rs. 1,000, amounting to a total value of Rs. 3 billion.

Out of the total, 1.8 million units will be issued through private placement, while 1.2 million units will be offered to the general public.

Nepal SBI Merchant Banking Limited has been appointed as the issue and sales manager for this debenture.

With a fixed annual interest rate of 7%, the debenture is expected to provide a stable return to investors, while helping the bank raise long-term capital.