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NO. RICB/CO/SU/2024/8874      June 24, 2024

Public Announcement

The Securities Unit of the Royal Insurance Corporation of Bhutan Limited is pleased to announce that M/s Tashi Air Pvt. Ltd. has appointed us for issuance of their Corporate Bond Series IV worth Nu.496 million. The details of the bonds are as under:

Issue priceNumber of scripts offeredOpening dateClosing dateAllotment dateTermCoupon rate and payment
Nu.1,000496,00021.06.202404.07.202405.07.202410 years7.5% p.a. and annual payment

Any Bhutanese citizens, firms, companies, financial institutions, trust funds and CSOs registered under the existing laws are eligible to subscribe the Bonds. Interested investors may kindly contact Brokers of RICB Securities at 17612015/77487283/17970963 during office hours for subscriptions.