NIBL lists bond

KATHMANDU: Nepal Stock Exchange Ltd (NSEL) has listed the 250,000 units of Nepal Investment Bank Ltd (NIBL) bond with a paid up value of Rs 1,000 each. Rewat Bahadur Karki, GM of NSEL and Jitendra Basnyat, senior GM at NIBL signed an agreement on behalf of their respective organisations. The NIBL bond, which pays a six per cent interest per annum on half-yearly basis, will repay principal amount in seven years. With the listing of NIBL bond, there are five companies, which have issued bond for trading in the secondary market. — HNS

MBL’s new counter

KATHMANDU: Machhapuchhre Bank Ltd (MBL) has opened an extension counter at Baluwatar with a view of serving the employees of Nepal Rastra Bank and others. The counter will provide deposit collection and payment services. Surya Bahadur KC, chairman of MBL, inaugurated the counter on Wednesday, states a press release. MBL has so far opened 12 branches and is soon going to open a branch in Itahari of Sunsari and another extension counter at Thapathali. — HNS

Training concludes

KATHMANDU: Institute of Tourism and Hotel Management, Salzburg Austria, Nepal Academy of Tourism and Hotel Management and Hotel Association of Nepal (HAN) organised a certificate distribution ceremony of Kitchen Management Training in Kathmandu on Wednesday. Altogether 31 participants from different hotels and 34 visually impaired participants from Kathmandu Deaf Association and Deaf School were awarded certificates for Kitchen Management Training, states a press release issued here by HAN. — HNS