Kathmandu, June 12
Rastriya Banijya Bank
Limited’s RBBL Debenture 2083 is closed due to oversubscription in four days
after its issuance.
The bank had opened the
issuance of the 6-year debenture with 8.5 per cent interest on Tuesday, June 8.
It would have remained open had it not been over-subscribed, said the company.
RBB had issued 2.5
million units of debenture worth Rs. 2.5 billion with the price Rs. 1,000 per
unit.
The Securities Board of
Nepal (SEBON) had allowed the bank to issue the debentures a month ago.
NIBL Ace Capital Limited
is the issue manager for the RBB Debenture. Interested investors applied for a minimum
of 25 units to 250,000 units.
Published in The Rising Nepal daily on 13 June 2021.
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