NIC Asia 7% Debenture 2091 Nepal: Fixed Income Investment Opportunity
7th April 2025, Kathmandu
NIC Asia Bank has officially opened the sale of its 7% NIC Asia Debenture 2091 starting today, with applications accepted until Chait 28, 2081 (April 10, 2025). The bank is offering a total of 5 million units, each priced at NPR 1,000.
NIC Asia 7% Debenture 2091
This means the total value of the debenture sale amounts to NPR 5 billion. The debentures have a 10-year tenure, providing 7% annual interest to investors.
Allocation for the General Public and Institutions
Out of the total 5 million units, 40% (2 million units) will be available for the general public, while the remaining 60% (3 million units) will be placed with institutional investors through private placements. Furthermore, 1% (100,000 units) will be reserved specifically for mutual funds. The annual 7% interest will be paid to the investors, ensuring a stable return on investment.
Eligibility and Application Process
Investors can apply for a minimum of 25 units and up to 2.5 million units. To participate in the sale, they can submit applications via ASBA member banks and financial institutions, at branch offices, or through MeroShare. The issue manager for the sale is Prabhu Capital, which will oversee the entire process.
Credit Rating and Approval
NIC Asia Bank has received a credit rating of ‘BBB+’ from Infometrics Credit Rating Nepal, indicating that it has medium safety regarding financial obligations. This reassures potential investors about the bank’s ability to meet its financial commitments. The Securities Board of Nepal (SEBON) approved this debenture issue on Chait 13, 2081 (March 26, 2025).
Why Invest in NIC Asia Debenture?
The 7% NIC Asia Debenture 2091 provides a competitive and fixed-return investment opportunity, especially for those seeking long-term financial growth. Investors can enjoy consistent returns over the next 10 years with a fixed interest rate of 7% per year. The flexibility in the application process and the wide range of investors the debenture targets, from public investors to mutual funds, make it an attractive offer in Nepal’s current financial landscape.
Conclusion
The launch of this debenture sale by NIC Asia Bank is a significant event for both individual and institutional investors. With a solid credit rating, high interest rate, and long-term investment potential, this debenture sale offers a reliable opportunity for those looking to invest in the country’s growing financial sector. The sale is expected to attract a wide range of investors and contribute to the financial growth of NIC Asia Bank.
For more: NIC Asia 7% Debenture 2091
