NIBL Ace Capital in BOK Bond Sale Management

KATHMANDU: MARCH. 17 – BOK Limited has appointed NIBL ​​Ace Capital Limited as the sales manager to issue bonds.

The bank is about to issue BOK Debenture 2086 (a), a bond of Rs. 1.1 million lots with a face value of Rs 1 billion 100 million in the near future. Its term will be 7 years, the bank said. Its interest rate is 10.50 percent.

The agreement has been signed by Shrawan Lal Maskey, Chief Executive Officer of Bank of Kathmandu Limited and Sachindra Dhungana, Deputy General Manager of NIBL Ace Capital Limited.