NIBL Stable Fund Listed on NEPSE: Trading Starts This Sunday

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NIBL Stable Fund Listed on NEPSE: Trading Starts This Sunday

Key points highlighted: NIBL Stable Fund Listed on NEPSE

Detail Information
Agreement Parties NIMB Ace Capital Limited and Nepal Stock Exchange (NEPSE)
Fund Name NIBL Stable Fund (NIBLSTF)
Units Listed 11,30,00,000 units
Par Value per Unit Rs. 10
Public Issue Period 2nd Magh to 16th Magh, 2080
Trading Start Date Sunday
Trading Symbol NIBLSTF
NAV as of Baishakh 2081 Rs. 9.96

An agreement is signed between representatives of NIMB Ace Capital Limited and the Nepal Stock Exchange (NEPSE) to list the “NIBL Stable Fund (NIBLSTF).” 

The listing of 11,30,00,000 units at a par value of Rs. 10 per unit is made possible by this agreement. These units were available for public issue from 2nd Magh until 16th Magh, 2080. 

Trading of the NIBL Stable Fund shares is set to begin on Sunday. As a closed-end fund, NIBLSTF will be traded on NEPSE under the symbol ‘NIBLSTF.’ The Net Asset Value (NAV) of the fund for the month of Baishakh, 2081, stands at Rs. 9.96.