Mar Sun 2021 07:22:26
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Kathmandu. Nepal Infrastructure Bank is going to issue bonds from London Stock Exchange of UK. NEFRA Chief Executive Officer Ram Krishna Khatiwada said that a bond worth ३० 30 million would be issued on the London Stock Exchange within the current financial year.
A 30 million bond is being issued to be listed on the London Stock Exchange within the current financial year.
Investors in the bond will receive an 8.5 percent return. NIFRA is also preparing to issue bonds for banks and financial institutions. The bonds have been prepared in such a way that the commercial banks have calculated their investment in infrastructure when purchasing such bonds. Similarly, discussions have also been started on insurance bonds. Insurance companies will be given equal recognition if they invest in infrastructure when buying such bonds. Insurance bonds will focus on life insurance companies in particular.
Speaking on the occasion, Chairman Modnath Dhakal said that the weekly dialogue program would be continued for capacity building of economic journalists.