Government to Raise NPR 6 Billion in Domestic Debt Through Development Bonds
Summary
The Nepalese government plans to raise NPR 6 billion in domestic debt by issuing five-year Development Bonds through a bidding process involving various financial institutions and citizens.
Key Points
- The government of Nepal will raise NPR 6 billion through domestic debt.
- The funds will be raised by issuing Development Bond 2087 with a five-year term.
- The bidding for the bond will take place on Falgun 26, and issuance on Falgun 27.
- Various financial institutions and Nepali citizens can participate in the bidding process.
