15th April 2025, Kathmandu
NIC Asia Bank Limited has finished the allotment process for its debenture named “7% NIC Asia Debenture 2091”. The total issue size was NPR 5 billion, with each unit valued at NPR 1,000.
NIC Asia 7% 2091 Debenture
The bank issued this fixed-income security from Chaitra 25 to Chaitra 28, 2081 (April 7–10, 2025). The allotment took place on Chaitra 31 (April 13, 2025), as confirmed by the issue manager, Prabhu Capital Limited.
Breakdown of the Issuance
NIC Asia Bank offered a total of 5 million units. Out of this, 40% (or 2 million units worth NPR 2 billion) were available to the general public.
The remaining 60% (3 million units worth NPR 3 billion) were sold through private placement. This portion was allocated to institutional investors and selected individuals.
Additionally, 5% of the public quota (100,000 units) was set aside for mutual funds, as required by market rules.
Features of the Debenture
This debenture has a ten-year maturity period, lasting until 2091 B.S. Investors will receive 7% fixed interest annually. The bank will pay the interest once a year.
Because of its fixed return, this debenture offers stable income and lower risk. It has attracted both retail and institutional investors seeking long-term and secure investments.
How to Check the Allotment
Investors who applied during the issue period can check their results online. Allotment details are available through:
Prabhu Capital’s official website
CDSC’s allotment result portal
Applicants can enter their details and confirm how many units they received. Some may have received partial allotments based on demand.
Why It Matters
NIC Asia Bank’s success in raising NPR 5 billion through a debenture shows strong investor confidence. The bank is seen as a reliable institution with a solid performance track record.
This issue also supports the bank’s long-term financing goals. Funds raised through debentures help the bank improve its capital base and provide more credit to businesses and infrastructure projects.
Such instruments also help diversify the bank’s funding sources beyond deposits and equity.
Market Impact
This allotment reflects the growing popularity of debt instruments in Nepal’s capital market. More investors are now seeking fixed-income securities for secure and predictable returns.
The success of NIC Asia Bank’s debenture may encourage other banks and companies to follow a similar path. It also shows progress in Nepal’s financial market development.
Conclusion
NIC Asia Bank has completed a major financial step with the successful allotment of its NPR 5 billion debenture. Investors now have access to a new fixed-income opportunity, and the bank strengthens its financial position.
With continued demand for stable investments, Nepal’s debt market is likely to expand further in the coming years.
For more: NIC Asia 7% 2091 Debenture