Machhapuchchhre Bank to float 10.25% Machhapuchchhre debenture 2085 from 06 Shrawan to 09 Shrawan. If issue is not subscribed within 4 days than, it will be remains open till 03 Bhadra 2076.
The bank set to float 30 lakh units of debentures at the rate of Rs. 1000 worth Rs. 3 arba. Out of total issue the company allocated 40% or 12 lakh units for general public and rest 18 lakh units for private placement.
Its maturity period is 10 years and will be provided 10.25% interest p.a.
Interested applicants can apply for minimum 25 units and maximum 11,70,000 units.
NMB Capital Limited has been appointed as issue manager.
Interested applicants apply through all the C-ASBA approved Banks & financial institutions.
Read: Benefit of apply debentures?
