Nepal Infrastructure Bank is going to open the issuance and sale of bonds from this 18th of May. The maturity period of the bond named 'Nifra Green Energy Bond 2088/89' is 7 years. The bank will pay interest at the rate of 6 percent per annum on the said bond, which has a value of Rs 1,000 per share.

Krishna Bahadur Adhikari, the chief executive officer of the bank, informed that the bank is going to issue 500,000,000 bonds worth 5 billion rupees at a rate of one thousand. "Of the issued shares, 300,000,000 bonds equal to 3 billion rupees will be distributed from the institutional side," he said, "The remaining 40 percent, or 20,000,000 bonds equal to 2 billion rupees will be distributed to the general public."

In this bond, investors can apply for a minimum of 25 shares and a maximum of 1 million shares. Loan application can be made from 18th May to 21st. It is mentioned in the notification that if the application for the entire quota is not received by the said period, the application period will be extended till June 1.