NRB to issue Rs 45 billion one-year debt paper today
Summary
Nepal Rastra Bank will issue Rs 45 billion worth of one-year debt securities today through an electronic auction open to licensed banks and financial institutions.
Key Points
- Nepal Rastra Bank announced the issuance of Rs 45 billion in one-year debt securities via auction.
- Bids will be accepted electronically until 3:00 pm on Wednesday.
- The securities will mature on Asar 17, 2084, with interest paid semi-annually.
- The auction aims to absorb excess liquidity and stabilize short-term interest rates.
