"7% NIFRA Urja Rinpatra 2085/86" Now Listed in NEPSE
Thu, Feb 23, 2023 12:45 PM on Latest, Share Listed, Bonds & Debentures,
22,89,813 units "7% NIFRA Urja Rinpatra 2085/86" have been listed in NEPSE.
Nepal Infrastructure Bank Limited (NIFRA) had issued 50,00,000 units "7% NIFRA Urja Rinpatra 2085/86" from 29th Mangsir till Poush 14, 2079.
From the total issue of 50 lakh units, 30 lakh units were subscribed via private placement while the remaining 20 lakh units worth Rs. 2 Arba were open for public issue, 5% of which was also allocated for mutual funds.
As the name suggests, the 7% NIFRA Urja Rinpatra 2085/86 will yield 7% annual returns to unit holders till its date of maturity, i.e. year 2086 BS.
