en English
af Afrikaanssq Albanianam Amharicar Arabichy Armenianaz Azerbaijanieu Basquebe Belarusianbn Bengalibs Bosnianbg Bulgarianca Catalanceb Cebuanony Chichewazh-CN Chinese (Simplified)zh-TW Chinese (Traditional)co Corsicanhr Croatiancs Czechda Danishnl Dutchen Englisheo Esperantoet Estoniantl Filipinofi Finnishfr Frenchfy Frisiangl Galicianka Georgiande Germanel Greekgu Gujaratiht Haitian Creoleha Hausahaw Hawaiianiw Hebrewhi Hindihmn Hmonghu Hungarianis Icelandicig Igboid Indonesianga Irishit Italianja Japanesejw Javanesekn Kannadakk Kazakhkm Khmerko Koreanku Kurdish (Kurmanji)ky Kyrgyzlo Laola Latinlv Latvianlt Lithuanianlb Luxembourgishmk Macedonianmg Malagasyms Malayml Malayalammt Maltesemi Maorimr Marathimn Mongolianmy Myanmar (Burmese)ne Nepalino Norwegianps Pashtofa Persianpl Polishpt Portuguesepa Punjabiro Romanianru Russiansm Samoangd Scottish Gaelicsr Serbianst Sesothosn Shonasd Sindhisi Sinhalask Slovaksl Slovenianso Somalies Spanishsu Sudanesesw Swahilisv Swedishtg Tajikta Tamilte Teluguth Thaitr Turkishuk Ukrainianur Urduuz Uzbekvi Vietnamesecy Welshxh Xhosayi Yiddishyo Yorubazu Zulu
Central Bank issues development bonds worth 5 billion - theoceannews.com

Central Bank issues development bonds worth 5 billion

Today, Monday, the Nepal Rastra Bank (NRB), the nation’s central bank, releasing development bonds worth Rs 5 billion.

The Public Debt Management Department, NRB, issuing the development bond 2075 “F” with a 6 year maturity length to collect internal loans for government development projects.

In order to apply for the development bonds, interested Banks and Financial Institutions (BFIs), non-banking financial institutions, insurance companies, organised institutions, and Nepali residents must be members of one of these categories, according to the NRB.

Both competitive and non-competitive auctions are open to interested parties. A competitive auction will receive 85% of the issued development bonds, while a non-competitive auction will receive 15%.

By Tuesday at 3 p.m., bidders may submit offers for a minimum of 50,000 and a maximum of all sums divisible by 50,000.

The bond’s interest rate will be determined through competitive bidding, and interest will be paid every two years. The bond has secondary market trading capabilities and is acceptable as collateral in BFIs.

Similar to that, tomorrow, Tuesday, the Central Bank would issue treasury bills worth Rs 18.01 billion.

91-day Treasury Bills worth Rs. 9.10 billion and 365-day Treasury Bills worth Rs. 8.91 billion would be issued by NRB.

Get New Contents Via Email

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

theoceannews.com will use the information you provide on this form to be in touch with you and to provide updates and marketing.