Govt selling five-year development bond of Rs 10 billion
Summary
The government is selling five-year development bonds worth Rs 10 billion to raise internal debt. Banks, financial institutions, insurance companies, private sector organizations and Nepali citizens can bid for Development Bond 2026, with the interest rate तय through bidding.
Key Points
- The government is issuing five-year development bonds worth Rs 10 billion to raise internal debt.
- The Public Debt Management Office will sell Development Bond 2026 through a bidding process involving banks, financial institutions, insurance companies, private sector organizations and Nepali citizens.
- The bond issuance is scheduled for Thursday, with bidding due the previous day.
- The bond can be used as collateral for loans, and interest will be paid semi-annually.
