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Nabil Bank’s ‘7% Nabil Debenture 2089’ listed on NEPSE

The listing agreement was signed by Nabil Bank’s Chief Executive Officer, Manoj Kumar Gyawali, and NEPSE’s Chief Executive Officer, Chudamani Chaulagain.

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KATHMANDU: Nabil Bank Limited’s ‘7% Nabil Debenture 2089’ has been officially listed on the Nepal Stock Exchange (NEPSE).

The listing agreement was signed by Nabil Bank’s Chief Executive Officer, Manoj Kumar Gyawali, and NEPSE’s Chief Executive Officer, Chudamani Chaulagain.

The eight-year debenture offers an annual interest rate of 7 percent. Issued at a par value of Rs. 1,000 per unit, a total of 3 million units worth Rs. 3 billion have been listed and are now available for secondary market trading from Thursday.

The registrar service for the debenture will be handled by Nabil Investment Banking Limited.

Nabil Bank, one of Nepal’s leading commercial banks, serves over 2.5 million customers through 268 branches and 321 ATMs across the country.

For more than four decades, Nabil has been a pioneer in introducing innovative banking services, marking significant milestones in Nepal’s financial development.