Siddhartha Bank Limited Debenture 2072

Siddhartha Bank Limited

Head Office: HATTISAR, Kathmandu, Nepal

Issues

7 years Redeemable

8.5% Siddhartha Bank Limited Debenture 2072

(Published under the Company Law 2063)

Details

The Bank issued Siddhartha Bank Limited Debenture 2072 in FY 2008/09 for Rs.228 million.

Main features of Siddhartha Bank Limited Debenture 2072 are as follows:

• Maturity period: 7 Years.
• Interest rate: 8.5% per annum.
• Interest Payment frequency: Half Yearly.
• Claim in case of liquidation: After depositors.
• Debenture Redemption Reserve shall be created to redeem the Bond at Maturity.
• The debenture can be pledged with other banks and financial institution.

The Siddhartha bank limited debenture 2072 has been listed on Nepal stock exchange from Asadh 23, 2067 (2010 July 7 Wednesday) while the trading of the debentures was started from Asadh 30, 2067 (2010 July 14 Wednesday). There are total 227,770 units of debenture of Rs. 1000 each.

Issue Manager: ACE Development Bank Limited

Issued Bond Capital Amount:

The bond capital of NRs. 228 Million issued by the bank under 8.5% “Siddhartha Bank Debenture, 2072” (which is equals to 228 thousands bonds of the marked price 1000/- per bond).

Other information about the 8.5% “Siddhartha Bank Limited Debenture 2072” is as follows:

Features of Debenture:

This 8.5% “Siddhartha Bank Limited Debenture 2072” is issued without pledging the property for public. The maturity period of this bond is 7 years from the division of Bonds. The Debenture Redemption Reserve is created by the bank for redemption on decided 7 years duration. The bank will manage for the debenture redemption reserve of the bond from the 1^st year for the redemption as soon as the expiry of maturity period. Profit and Loss Appropriation A/C is also formed for bearing the loss by the bank. After the redemption of the debenture, the amount in Debenture redemption reserve will be noted on Profit and Loss Appropriation A/C. 228 Millions will be deposited in the reserve within 7 years.

Objectives to issue Debenture:

The main objective to issue this 8.5% “Siddhartha Bank Debenture, 2072”is to

• Increase the investment for Bank Services
• Increase the Supplementary Capital
• Increase the needed capital for fulfilling the objectives of the Bank.

Utilizing the received capital from debenture:

The amount that is received from the 8.5% “Siddhartha Bank Debenture, 2072” will be utilized for loans and investments in different sectors.

Maturity Period of Debenture:

The maturity period of this 8.5% “Siddhartha Bank Debenture, 2072” will be of 7 years from the date of division of debenture. After this period the bank will redeem the capital amount and the due amount of interest of last installation amount.

Coupon Interest Rate:

The annual interest rate of this debenture is 8.5%. The income tax will be applied according to the current law on the earned total interest amount.

Interest Payment Period:

The interest will be paid to all the owners of this 8.5% “Siddhartha Bank Debenture, 2072” half yearly i.e. 6/6 months whether this bank is in profit or loss.

Interest Payment Frequency:

The earned interest amount will be redeemed end of first half-yearly (End of June) and Second Half-yearly (End of December). The interest amount will be redeemed from July 1^st of 1^st half-yearly and from January 1^st of 2^nd half-yearly of that fiscal year.

Venue for Interest Payment:

The owners of this debenture bond can withdraw the earned interest amount from any branches of Siddhartha bank by issuing bond certificate and interest redemption voucher.

Procedure to withdraw Bond Interest:

6% of per annum interest will be issued for the bond owners of 8.5% “Siddhartha Bank Debenture, 2072” from the date of application to the date before the appropriation. The debenture bond certificate and interest coupon will be issued to the debenture owners.

Others:

The owners can stock the bond in any financial organization except Siddhartha Bank for withdrawal of Loans.

Limited Liability:

This bank is public limited company established under the Bank Company Law, 2063 and running under the financial company law, 2063. The bond owner is under the limited liability within the amount of Share bought by the owner. Owner will not have to liable his property except for the amount of the share he has bought.

Nepal Investment Bank Debenture 2075

Nepal Investment Bank

“A” Category Granted Organization from Nepal Rastra Bank

Head office: Durbar Marg, Kathmandu

P.O.B No. 3412

Issues “Nepal Investment Bank Bond-2075” of 12% Interest, Redeemable after 7 Years.

Details

• Par Value: NRs. 1000/-
• Bond Capital: 300 Millions equals to 300 thousand bond letter.

Among 300 Millions, 50 million would be withdraw publicly while 250 million would be withdraw as Private Placement.

Information on Bond withdrawal

The information and details on the “Nepal Investment Bank Debenture 2075” of interest 12 % is as follows:

Terms and Conditions on withdraw of Bond Letter: This 12% “Nepal Investment Bank Bond 2075” is issued without the legislation of property for public. The maturity period of this bond is 7 years from the division of Bonds.

Time Period of Bond Letter: The maturity period of this Bond is 7 years from the date of division of Bond Letter. The capital amount and final installation amount will be redeemed after that period or after 7 years.

Amount of Bond to be withdrawn: According to the details published, the amount of 12%”Nepal Investment Bank Bond 2075” is 300 Millions (in words Three hundred millions only).

Change in Bond Share: There will be no change in bond share of 12%”Nepal Investment Bank Bond 2075”.

Bond Interest: The annual interest rate of this Bond will be 12%. The income tax will be applied according to the current law on the earned total interest amount.

Debenture redemption reserve management: The bank will manage for the debenture redemption reserve of the bond from the first year for the redemption as soon as the expiry of maturity period. Profit and Loss Appropriation A/C is also formed for bearing the loss by the bank. After the redemption of the debenture, the amount in Debenture redemption reserve will be noted on Profit and Loss Appropriation A/C.

Rights of Debenture Owners: The rights of the 12%”Nepal Investment Bank Bond 2075” owner will be limited and the debenture owners will not be personally responsible for other than the bond of any other amount.

Redemption of Bond Interest: The redemption of earned interest amount of the bond by the debenture owner will be half-yearly every 6-6 month.

Redemption Date of Debenture: The earned interest amount will be redeemed end of first half-yearly (End of February) and Second Half-yearly (End of June). The interest amount will be redeemed on every fiscal year’s from Magh 1^st of First Half-Yearly to Shrawan 1^st.

Venue for Bond Redemption: The owners of this debenture bond can withdraw the earned interest amount from any branches of Nepal Investment bank by issuing bond certificate and interest redemption voucher.

Procedure to withdraw Bond Interest: 2.5% of per annum interest will be issued for the bond owners of 12%”Nepal Investment Bank Bond 2075” from the date of application to the date before the appropriation. The debenture bond certificate and interest coupon will be issued to the debenture owners.

Others: The owners can legislate the bond in any financial organization except Nepal Investment Bank for withdrawal of Loans.

6% Everest Bank Debenture, 2061

Everest Bank Limited

Head Office, E.B.L House, Lazimpat

POB: 13384, Kathmandu, Nepal

Issues

“6% Everest Bank Debenture, 2061(2004)”

Redeemable after 7 years

Details

(Published Under the company law 2053(1996))

• Par Value: NRs. 1000/-
• Bond Capital: 3000 Millions (2500 Millions for individuals or united organizations and 500 Millions for public with marked price of NRs. 1000 per debenture.)
• Maturity Period: 7 years

Issued Debenture Capital amount according to explanation letter:

The Everest bank is issuing the redeemable “6% Everest Bank debenture, 2061” of capital amount 3000 Millions (marked price of NRs. 1000/- per bond and equals to 300 thousands bonds). Among the bond capital, 500 Millions is for public which is equals to 50 thousands bonds and 2500 Millions is issued for united organizations which equals to 250 thousands bonds.

Features of the debenture: This 6% “Everest Bank Debenture, 2061” is issued without the legislation of property for public. The maturity period of this bond is 7 years from the division of Bonds. The Debenture Redemption Reserve is created by the bank for redemption on decided 7 years duration. The bank will manage for the debenture redemption reserve of the bond from the third year for the redemption as soon as the expiry of maturity period. Profit and Loss Appropriation A/C is also formed for bearing the loss by the bank. After the redemption of the debenture, the amount in Debenture redemption reserve will be noted on Profit and Loss Appropriation A/C. 3000 Millions will be deposited in the reserve within 7 years. 50 Millions Is issued for public and 2500 Millions will be issued under the private placement. If the applications from the public exceeded that 50 millions, the bond will be divided with more priority on them. But capital amount will not exceed 70 Million for public while division. If the applications from public become less than 50 millions then the bond will be issued under private placement system.

Objectives to issue Debenture: The main objective to issue this 6%”Everest Bank Debenture, 2061” is to obey the legislation for capital reserve provided by Nepal Rastra Bank as well as to increase the assistance capital reserve.

Utilization of amounts received from debenture: The amount that is received from the debenture will be utilized for loans and investments.

Maturity: The maturity period of this debenture will be of 7 years from the date of division of debenture. After this period the bank will redeem the capital amount and interest of the last installation amount.

Interest Rate of Debenture:  the annual interest rate of this debenture is 6%. The income tax will be applied according to the current law on the earned total interest amount.

Interest Payment Period: The interest will be paid to all the owners of this debenture half yearly i.e. 6/6 months whether this bank is in profit or loss.

Interest Payment Timing: The earned interest amount will be redeemed end of first half-yearly (End of February) and Second Half-yearly (End of June). The interest amount will be redeemed on every fiscal year’s from Magh 1^st of First Half-Yearly to Shrawan 1^st.

Venue for Bond Redemption: The owners of this debenture bond can withdraw the earned interest amount from any branches of Everest bank by issuing bond certificate and interest redemption voucher.

Procedure to withdraw Bond Interest: 6% of per annum interest will be issued for the bond owners of 6%”Everest Bank Debenture, 2061” from the date of application to the date before the appropriation. The debenture bond certificate and interest coupon will be issued to the debenture owners.

Others: The owners can legislate the bond in any financial organization except Everest Bank for withdrawal of Loans.

8.5% “Laxmi Bank Debenture, 2072

Laxmi Bank Limited

Adarshanagar, Birgunj, Parsa, Nepal

Corporate Office: Hattisaar, Kathmandu

Issues

7 years Redeemable

8.5% “Laxmi Bank Debenture, 2072”

(Published under the Company Law 2063)

Details

Par Value: 1000/- per bond

Bond Capital: NRs. 350 Million

Maturity Period: 7 years

Interest Rate: 8.5% per annum

It is notified that among the bond capital of NRs. 350 Million (which is equals to 350 thousands bonds of the marked price 1000/- per bond), 70 Million (equals to 70 thousands bonds) will be issued for public while 280 Million (equals to 280 thousands bonds of price 1000/- each) will be issued to different individuals or organizations under Private Placements system.

Permission Granted date from the Stock Exchange Board: 2065/06/13

Registration date of Bond details in Company Registrar: 2065/06/15

Issue Manager: NMB Bank Limited

Issued Bond Capital Amount:

The bond capital of NRs. 350 Million issued by the bank under 8.5% “Laxmi Bank Debenture, 2072” (which is equals to 350 thousands bonds of the marked price 1000/- per bond), among the bond capital amount, 70 Million (equals to 70 thousands bonds) will be issued for public while 280 Million (equals to 280 thousands bonds of price 1000/- each) will be issued to different individuals or organizations under Private Placements system.

Other information about the 8.5% “Laxmi Bank Debenture, 2072” is as follows:

Features of Debenture:

This 8.5% “Laxmi Bank Debenture, 2072” is issued without the pledge of property for public. The maturity period of this bond is 7 years from the division of Bonds. The Debenture Redemption Reserve is created by the bank for redemption on decided 7 years duration. The bank will manage for the debenture redemption reserve of the bond from the 1^st year for the redemption as soon as the expiry of maturity period. Profit and Loss Appropriation A/C is also formed for bearing the loss by the bank. After the redemption of the debenture, the amount in Debenture redemption reserve will be noted on Profit and Loss Appropriation A/C. 350 Millions will be deposited in the reserve within 7 years. 70 Millions Is issued for public and 280 Millions will be issued under the private placement. If the applications from the public exceeded that 70 millions, the bond will be divided with more priority on them. If the applications from public become less than 70 millions then the bond will be issued under private placement system and if the application for bond that is separated for private placement becomes less 280 Millions, then they will be sold to the public.

Objectives to issue Debenture:

The main objective to issue this 8.5% “Laxmi Bank Debenture, 2072”is to

Increase the investment for Bank Services

Increase the Supplementary Capital

Increase the needed capital for fulfilling the objectives of the Bank.

Utilizing the received capital from debenture:

The amount that is received from the 8.5% “Laxmi Bank Debenture, 2072” will be utilized for loans and investments in different sectors.

Maturity Period of Debenture:

The maturity period of this 8.5% “Laxmi Bank Debenture, 2072” will be of 7 years from the date of division of debenture. After this period the bank will redeem the capital amount and the due amount of interest of last installation amount.

Coupon Interest Rate:

The annual interest rate of this debenture is 8.5%. The income tax will be applied according to the current law on the earned total interest amount.

Interest Payment Period:

The interest will be paid to all the owners of this 8.5% “Laxmi Bank Debenture, 2072” half yearly i.e. 6/6 months whether this bank is in profit or loss.

Interest Payment Timing:

The earned interest amount will be redeemed end of first half-yearly (End of June) and Second Half-yearly (End of December). The interest amount will be redeemed from July 1^st of 1^st half-yearly and from January 1^st of 2^nd half-yearly of that fiscal year.

Venue for Interest Payment:

The owners of this debenture bond can withdraw the earned interest amount from any branches of Laxmi bank by issuing bond certificate and interest redemption voucher.

Procedure to withdraw Bond Interest:

6% of per annum interest will be issued for the bond owners of 8.5% “Laxmi Bank Debenture, 2072” from the date of application to the date before the appropriation. The debenture bond certificate and interest coupon will be issued to the debenture owners.

Others:

The owners can stock the bond in any financial organization except Laxmi Bank for withdrawal of Loans.

Limited Liability:

This bank is public limited company established under the Bank Company Law, 2063 and running under the financial company law, 2063. The bond owner is under the limited liability within the amount of Share bought by the owner. Owner will not have to liable his property except for the amount of the share he has bought.