SEBON Approves 11% LBBL Debenture 2089; Bank Will Soon Issue 10 Lakh Unit Debentures

SEBON Approves 11% LBBL Debenture 2089; Bank Will Soon Issue 10 Lakh Unit Debentures 1

 

On Baisakh 10, 2080, the Securities Board of Nepal (SEBON) authorized the “11% LBBL Debenture 2089”.

Lumbini Bikas Bank Limited (LBBL) plans to issue 10 lakh unit debentures at Rs 1000 per unit. For a period of ten years, the bank will give an interest rate of 11% on the debenture.

Four hundred thousand units will be made available to the general public out of the total number of units available.

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