An agreement between Citizens Bank International Limited (CZBIL) and the Nepal Stock Exchange (NEPSE) has been formalized for the listing of the “10% Citizens Bank Debenture 2090 (CIZBD90).” The agreement marks the listing of 30,00,000 units at a par value of Rs. 1000 per unit. The debenture issue commenced on the 17th of Ashwin and concluded on the 22nd of Ashwin, 2080.
Facilitating the listing process, Himalayan Capital Limited served as the issue manager for the 10% Citizens Bank Debenture 2090. This debenture, with a maturity period of 10 years and a coupon rate of 10%, presents investors with a long-term investment opportunity.