Nabil Bank’s NPR 5 Billion Unsold Preference Shares Listed on NEPSE, Secondary Market Trading Begins

Nabil Bank has successfully listed its NPR 5 billion worth of unsold non-redeemable preference shares on the Nepal Stock Exchange (NEPSE) at NPR 100 par value per share. The listing came into effect on Sunday with 50 million shares officially registered. These shares carry an 8% fixed return, making them attractive for conservative investors seeking predictable income. Trading for these preference shares began in the secondary market on Monday, providing liquidity to shareholders. This move enhances investors’ portfolio options by adding a steady-yielding instrument to NEPSE’s offerings, potentially stabilizing market sentiment.
- Nabil’s NPR 5 billion preference shares now trade on NEPSE’s secondary market with 8% fixed returns—steady income for investors! #SamacharSanjal #NEPSE #GoldPriceNepal #StockMarketNepal
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Nabil Bank has successfully listed its NPR 5 billion worth of unsold non-redeemable preference shares on the Nepal Stock Exchange (NEPSE) at NPR 100 par value per share. The listing came into effect on Sunday with 50 million shares officially registered. These shares carry an 8% fixed return, making them attractive for conservative investors seeking predictable income. Trading for these preference shares began in the secondary market on Monday, providing liquidity to shareholders. This move enhances investors’ portfolio options by adding a steady-yielding instrument to NEPSE’s offerings, potentially stabilizing market sentiment.
Source:bizmandu.com
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