The Securities Board of Nepal (SEBON) has approved the “7% Nepal SBI Bank Debenture, 2090” for its pipeline. The debenture issue is valued at Rs 3 Arba.
Nepal SBI Bank Limited (SBI) plans to issue 3,000,000 units of the debenture, each priced at Rs 1000. Out of these, 12 lakh units will be available to the general public, while the remaining 18 lakh units will be allocated for private placement.
Nabil Investment Banking Limited is managing this debenture issuance. The application for the debenture was submitted to SEBON on Jestha 2, 2081.
The 7% Nepal SBI Bank Debenture, 2090, as the name indicates, offers a 7% annual return to its unitholders and has a maturity period of 10 years, set to mature in 2090 BS.
