Issuance of "NIC ASIA Bond 2081/82"

NIC ASIA Bank has signed "Issue Management Agreement" with Nabil
Investment Banking Ltd. today for the issuance of "NIC ASIA Bond 2081/82"
amounting Rs. 3 Billion with a coupon rate of 9% per annum payable on semi-
annual basis. 3,000,000 units of bonds with a face value of Rs. 1,000 per unit
shall be issued of which 80% of the issue will be offered through Private
Placement and the rest will be offered to the general public after obtaining
approval from Securities Board of Nepal (SEBON).

NIC Asia Bank
Helpdesk - NIC Asia Bank

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