Rs. 15 b NTB debenture issue attracts applications worth Rs. 19.6 b

Thursday, 25 June 2026 05:24 - - {{hitsCtrl.values.hits}}

Nations Trust Bank PLC’s Basel III-compliant Tier 2 listed rated unsecured subordinated redeemable debenture issue has attracted applications worth Rs. 19.56 billion, according to the final subscription figures released by the Bank.

The initial offer comprised up to 100 million debentures at a par value of Rs. 100 each, seeking to raise Rs. 10 billion, with the Bank retaining the option to issue a further 50 million debentures in the event of an oversubscription, taking the maximum issue size to Rs. 15 billion.

The final figures show that the issue received applications for 195.59 million debentures from 189 applications, representing an oversubscription of approximately 1.3 times the maximum issue size.

The five-year Type A debentures generated the strongest investor demand, attracting applications for 173.71 million debentures from 170 applications. Of this, 111.96 million debentures were subscribed through cheques and RTGS payments, while a further 61.75 million debentures were applied for through bank guarantees.

The seven-year Type B debentures received applications for 3.06 million debentures from 10 applications, all through cheques and RTGS payments.

The 10-year Type C debentures attracted applications for 18.83 million debentures from nine applications. This included applications for 15 million debentures supported by bank guarantees and 3.83 million debentures through cheques and RTGS payments.