Kathmandu, Dec 31
The seven-year corporate debenture issued by Citizens Bank International is closing today, according to a notice issued by the commercial bank.
Citizens Bank Debenture 2077, which is worth Rs 50 crore, was issued on December 26 at par value of Rs 1,000, and has yield of 8.5 percent interest rate which will be paid quarterly.
Elite Capital is the issue manager.
It may be noted that of the total debentures, bonds worth Rs 7.5 crore have been set aside for the general public while Rs 2.5 crore has been earmarked to mutual funds.
The seven-year corporate debenture issued by Citizens Bank International is closing today, according to a notice issued by the commercial bank.
Citizens Bank Debenture 2077, which is worth Rs 50 crore, was issued on December 26 at par value of Rs 1,000, and has yield of 8.5 percent interest rate which will be paid quarterly.
Elite Capital is the issue manager.
It may be noted that of the total debentures, bonds worth Rs 7.5 crore have been set aside for the general public while Rs 2.5 crore has been earmarked to mutual funds.
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