NIBL issue closes

Fri, Jul 12, 2013 12:00 AM on Others,

KATHMANDU, JULY 12:

Nepal Investment Bank Ltd (NIBL)’s seven-year corporate bonds — Nepal Investment Bank Debenture 2077 — worth Rs 500 million at par value of Rs 1000, ended on Thursday. The debentures were issued with a maturity period of seven years at an interest rate of eight per cent payable half-yearly.

Source: THT