Nabil Debenture 2085 (NBLD85) has been listed in NEPSE with a total of 22,07,108 units.

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Nabil Bank Limited’s Nabil Debenture 2085 (NBLD85) has been listed on the NEPSE with a total of 22,07,108 units.

Nabil Bank Limited recently announced the allocation of the Nabil Debenture 2085 public issue (NBLD85). The issue began on the 10th of Shrawan in the year 2078 and scheduled to conclude on the 13th of Shrawan in the same year. As a result of a lack of interest in the issue prior to closing date, the deadline has been extended until Shrawan 24.

A total of 30,00,000 units were issued, each with a par value of Rs. 1000. A total of 18 lakh units were to be subscribed for via private placement, and a total of 12 lakh units were to be issued to the general public, with a 5 percent quota reserved for mutual funds, out of the total issue. According to reports, a total of 22,07,108 units were applied for in this round of applications.

The “8 percent Nabil Bank Debenture 2085” has a maturity period of seven years, and it will mature on Shrawan 30, 2085, as name suggests. It is a debt instrument issued Nabil Bank. Unitholders will receive an annual return of 8% on their investment in the debenture.

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