Prime Commercial Bank to Issue Debentures From Today

लगानी न्यूज

१६ असार २०८३, मंगलवार १०:५३June 30, 2026

. Prime Commercial Bank Limited (PCBL) is issuing and issuing debentures from today. The bank is issuing ‘6.25% Prime Bank Debenture 2093’ with a maturity period of 10 years at an interest rate of 6.25 per cent.

The bank is issuing 3 million units of debentures worth Rs 3 billion at a face value of Rs 1,TAG_OPEN_div_14 000 each. Out of the offered, 60% i.e. 1.8 million units of debentures worth Rs 1.80 billion will be issued to the private entities. Similarly, the remaining 40% i.e. 1.2 billion units worth Rs 1.20 billion will be allotted to the general public. Out of the total offered debentures, 5% i.e. 60,000 units of debentures have been set aside for mutual funds.

The interested investors can apply for a minimum of 25 units and maximum of all units of debentures.TAG_OPEN_div_12 The earliest date for the issuance will be on July 19 and the latter will be on July 30.

Sanima Capital Limited has been appointed as the issue manager for the IPO issuance.TAG_OPEN_div_10 The interested bidders can apply for the C-ASBA system from the banks and financial institutions approved by the Securities Board of Nepal (SEBON) and their designated branch offices and CDS & Clearing Limited (CDS & Clearing) online.

The interest accrued in this debenture shall be paid by deducting tax after the expiry of the first half year and second half year of each fiscal year.TAG_OPEN_div_8