NMB Bank’s 7 Year Bonds at 7% Interest in SEBON Pipeline

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NMB Bank’s 7 Year Bonds at 7% Interest in SEBON Pipeline

“7 yrs, 7% NMB Power Bond 1” of NMB Banks is added to the pipeline by the Securities Board of Nepal (SEBON), for public issuance. The total bond size is Rs 5 Arba (5,00,00,00,000).

Key Details of the Bond:

Feature Details
Issuer NMB Bank Limited
Bond Type 7 years, 7% interest (NMB Power Bond 1)
Total Units 50,00,000 units (Face value: Rs 1,000 per unit)
Public Offering 20,00,000 units (Available for general investors)
Private Placement 30,00,000 units (For selected institutions)
Issue Manager Siddhartha Capital Limited
Application Date Submitted to SEBON on Baishakh 11, 2082

NMB Bank will issue the bonds in two parts: 20 lakh units for the general public and 30 lakh units for private placement. Siddhartha Capital Limited is managing the bond issuance process.