6% Nifra Harit Urja Debenture 2088/89 Listed on NEPSE

An agreement between Nepal Infrastructure Bank Limited and the Nepal Stock Exchange (NEPSE) was penned for a listing of "6% Nifra Harit Urja Debenture 2088/89 (NIFRAGED)".

Following the agreement, 50,00,000 units have been listed at a par value of Rs. 1000 per unit. The issue had opened on 18th Jestha, 2082, and closed on 25th Jestha, 2082.

NIMB Ace Capital Limited was the issue manager.

As the name suggests, the "6% Nifra Harit Urja Debenture 2088/89" is a debenture with a maturity period of 7 years and a coupon rate of 6%.