Rastriya Banijya Bank to 7% Debentures to Public

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Rastriya Banijya Bank to 7% Debentures to Public

Rastriya Banijya Bank Limited (RBBL) is offering 25,00,000 units of “7% RBBL Debenture 2088” to the public. These debentures have a 7-year maturity period and provide a 7% annual coupon rate.

Key Details of the Debenture Issue

Feature Details
Total Units Issued 25,00,000 units (Face value: Rs. 1,000 per unit)
Public Issue 10,00,000 units (Rs. 1 Arba) open to the general public
Private Placement 15,00,000 units (60% of the total issue)
Allocation for Mutual Funds 50,000 units (5% of the public issue)
Application Period 7th Baisakh to 10th Baisakh, 2082 (Extended to 21st Baisakh if undersubscribed)
Minimum Application 25 units
Issue Manager Sanima Capital Limited
Total Capital Raise Rs. 2.5 Arba

Important Notes for Investors

  • The debentures offer a fixed 7% return per year for 7 years.
  • The public can apply for a minimum of 25 units (Rs. 25,000).
  • If the issue isn’t fully subscribed by the initial deadline, it may be extended until 21st Baisakh, 2082.
  • Sanima Capital Limited is managing the issuance process.