Nepal Rastra Bank to Collect Rs 60 Billion Liquidity
Summary
Nepal Rastra Bank plans to collect Rs 60 billion through a 19-day deposit instrument to manage market liquidity, with bidding open to licensed banks and financial institutions.
Key Points
- Nepal Rastra Bank has decided to collect Rs 60 billion to manage market liquidity.
- The deposit collection instrument will have a maturity of 19 days.
- Bidding for the instrument is open until 3:00 PM today via Online Bidding System Software.
- Only 'A', 'B', and 'C' class banks and financial institutions licensed by Nepal Rastra Bank can participate.
