Global IME to bring Rs 3 billion bons, low credit risk on bonds

Jul Wed 2020 08:28:26

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Global IME to bring Rs 3 billion bons, low credit risk on bonds

Kathmandu. Global IME Bank It is going to bring bonds worth Rs 3 billion.

The bank is going to issue bonds with an annual interest rate of 9 percent.

Bonds of Rs. There will be eviction at the rate of 1000.

The credit rating agency ICRA Nepal has given 'ICRA NPA LA Negative' rating to the bond issued by Global IME Bank.

That is, the bonds are considered secure enough to meet financial obligations to repay on time. Investing in these bonds carries low credit risk