Kumari Bank's "11% KBL Debenture 2089" Now Listed in NEPSE

Mon, Nov 14, 2022 1:43 PM on Latest, Share Listed, Bonds & Debentures,

30,00,000 units 11% KBL Debenture 2089 (KBLD89) have been listed in NEPSE.

Kumari Bank Limited had issued 30,00,000 units for "11% KBL Debenture 2089" from 17th Bhadra to 31st Bhadra. 30,00,000 units were issued at a par value of Rs.1000 per unit. 18 lakh units of the total issue were subscribed via private placement while the remaining 12 lakh units worth Rs. 1.2 Arba were open for the public issue, 5% of which was also allocated for mutual funds.

As the name suggests, "11% KBL Debenture 2089" has a maturity period of 10 years and will yield an annual return of 11% during the period.