NDEP Concludes 3rd AGM

NDEP Bank Limited has concluded its third annual general meeting today (13th January 2010). The AGM was started at 11 AM in Nepal Pragya Pratishthan of Kamaladi. The AGM has approved 6.667% bonus share to its shareholders from the profit of fiscal year 2065/66. Similarly, the meeting has approved to change the name of company.

According to the annual financial report (2065/66) of the bank, it has Rs. 320 million share capital and holds Rs. 210.627 million in its reserve and surplus. Likewise, it had collected Rs. 1.832225 billion as deposits and has 38% of investment towards real estate. The operating profit of the bank was Rs. 35.952 million and net profit at the close of fiscal year was Rs. 32.128 millions.
Source:Jamb News Service

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Redeemable Bond Issue: NRB

Nepal Rastra Bank is issuing 7 years redeemable bond named "Development Bond 2073 Ka" at 9% interest rate from 12th July 2009 (2066 Ashad 28). The bid quotations are to be submitted by 9th June 2009 (2066 Ashad 25).
Source: Jamb News Service
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Redeemable Bond Issue: NRB

Nepal Rastra Bank is issuing 5 years redeemable bond named "Development Bond 2071 Kha" at 9% interest rate from 30th June 2009 (2066 Ashad 16). The bid quotations are to be submitted by 28th June 2009 (2066 Ashad 14).
Source: Jamb News Service
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NABIL Bank Bond Certificate Distribution

NABIL Bank Ltd. is distributing its redeemable bond certificate to its bondholders.
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Laxmi Bank's Redeemable Debenture Issue

Laxmi Bank Ltd. is issuing 7 years redeemable debenture at 8.5% interest rate from 12th October, 2008 (2065 Ashwin 26).
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Siddhartha Bank's Reedemable Bond Issue

Siddhartha Bank Ltd. is issuing 7 years reedemable bond at 8% interest rate from 5th October, 2008 (2065 Ashwin 19).
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Kumari Bank Ltd's Bond Enlistment

"KBL Bond 2070" has been enlisted in the Nepal Stock Exchange.
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Nabil Bank Ltd completed Bond Allotment

Nabil Bank Ltd. has completed the allotment procedure of its redeemable bond.
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Himalayan Bank's Bond Enlistment

"Himalayan Bank Limited Bond 2072" has been enlisted in the Nepal Stock Exchange.
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Nepal Electricity Authority's Bond Enlisted

Nepal Electricity Authority's, "Electricity Bond-2069" has been enlisted in the Nepal Stock Exchange.
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Nabil Bank: Bond Issue Closing

Nabil Bank Ltd. will be closing its redeemable bond issue from 17th July, 2008 (2065 Shrawan 2) after banking hours.
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Himalayan Bank Ltd: Bond Allotment

Himalayan Bank Ltd. has completed its bond allotment procedure. The bond certificate distribution is carried out from 16th July, 2008 (2065 Shrawan 1).
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Kumari Bank Ltd: Bond Certificate Distribution

Kumari Bank Ltd. is distributing its redeemable bond certificate from 16th July, 2008 (2065 Shrawan 1).
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Nepal Investment Bank: Bond Certificate Distribution

Nepal Investment Bank Ltd. is distributing its redeemable bond certificate from 16th July, 2008 (2065 Shrawan 1).
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Nepal Investment Bank: Redeemable Bond Allotment

Nepal Investment Bank Ltd. has allotted its 7 years reedemable bond issued from 26th June, 2008 (2065 Ashad 12).
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Nepal Rastra Bank issuing Reedemable Bond

Nepal Rastra Bank (NRB) is issuing 8 years redeemable bond worth Rs. 2 billion and 17 crores at the rate of 8% semiannually from 14th July, 2008 (2065 Ashad 30).
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NABIL issuing Reedemable Bond

NABIL Bank is going to issue 10-year Redeemable Bond worth Rs 300 million at the rate of 8.5 interest to its bondholders. The company is issuing the bond from 13th July, 2008 to 17th July, 2008 (2065 Ashad 29 to 2065 Shrawan 02). The issue will be managed by NIDC Capital Market.
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IPOs, bonds drag down Nepse

IPOs, bonds and debentures of various financial institutions worth around Rs 2 billion pulled Nepal Stock Exchange (Nepse) index down by 23.23 points to 928.39 points from last week’s closing of 951.62 points.

Nepse, in its five-day session, wound up in negative territory for the first four days. The market opened in the red on Sunday as it plunged by 2.75 points to 948.87 points. On Monday, it dipped by 11.41 points to 937.46 points. On Tuesday, it further plunged by 6.16 points to 931.30 points. On Wednesday, circuit breaker was used as it dipped by more than 20 points. Even so, at the end of the day it plunged by 25.06 points to 906.24 points. However, on Thursday it bounced back by 22.15 points to close the market at 928.39 points.

Though the contribution of A-category companies increased this week to 78.37 per cent, the sensitive index — a barometer of A-category firms — dipped by 6.30 points to 244.11 points from last week’s closing of 250.41 points.

In terms of monetary value, Nepal Share Markets and Finance (with Rs 36.87 million), Capital Merchant Bank and Finance (with Rs 32.42 million), Bank of Kathmandu (with Rs 28.79 million), Nepal Investment Bank (with Rs 27.37 million) and Standard Chartered Bank, Nepal (with Rs 19.26 million) are this week’s top gainers.

In terms of numbers of share units traded, National Hydro topped with 47,000-unit of its shares traded this week while Civil Merchant Bittiya Sanstha topped in terms of number of transactions, with 210.

Except hotel and finance companies all other groups wound up in negative territory. The hotel group gained 1.14 points to reach 372.41 points while finance companies group gained 14.02 points to reach 1095.89 points.
Source: THT

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Bond Certificate Distribution: Kumari Bank Ltd

Kumari Bank Ltd. has completed its bond allotment procedure. The bond certificate distribution will start from 19th June, 2008 (2065 Ashad 5).
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Nepal Investment Bank issuing Reedemable Bond

Nepal Investment Bank Ltd is going to issue 7-year Redeemable Bond worth Rs 250 million at the rate of 8.0% interest to its bondholders. The company is issuing the bond from 26th June, 2008 to 1st July, 2008 (2065 Ashad 12 to 2065 Ashad 17).
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