Rastriya Banijya Bank is issuing a seven-year debenture worth Rs 3 billion at an annual interest rate of 6%. The issue, named 6 percent RBBL Debenture 2089, opens on Ashoj 29, the bank said in a press statement.

The debenture consists of 3 million units, each with a face value of Rs 1,000.

Key details of the RBBL debenture

  • Issue size: Rs 3 billion
  • Interest rate: 6% annually
  • Tenure: Seven years
  • Number of units: 3 million
  • Face value per unit: Rs 1,000
  • Issue opens: Ashoj 29