Rastriya Banijya Bank Allotted "7% RBBL Debenture 2088" to The Valid Applicants on 21st Baishakh
Mon, May 5, 2025 10:21 AM on Latest, Bonds & Debentures,
Rastriya Banijya Bank Limited has concluded allotment for the public issue of the "7% RBBL Debenture 2088" on 21st Baishakh, 2082.
The issue had opened on 10th Baishakh, 2082, and closed on 7th Baishakh, 2082.
25,00,000 units were issued at a par value of Rs. 1,000 per unit. Out of the total units issued, 60%, i.e., 15 lakh units, were subscribed via private placement, while the remaining 10 lakh units worth Rs. 1 Arba were opened for public issue. For mutual funds, 5%, i.e., 50,000 units, were allocated. A total of Rs. 2.5 Arba was raised from the issuance.
As the name suggests, the "7% RBBL Debenture 2088" is a debenture with a maturity period of 7 years and a coupon rate of 7%.
Sanima Capital Limited was the issue manager.
