Nepal Rastra Bank to Collect Rs. 18 Billion Through One-Month Deposit Auction
Summary
Nepal Rastra Bank will raise Rs. 18 billion through a 28-day deposit collection auction on October 2, with the interest rate set through competitive bidding. Eligible Class A, B and C banks and financial institutions can participate, and the deposit will mature on October 30, 2026.
Key Points
- Nepal Rastra Bank plans to collect Rs. 18 billion through a 28-day deposit collection instrument.
- The auction will be held via the Online Bidding System Software until 2:00 PM on October 2, 2026.
- Eligible Class A, B and C banks and financial institutions can bid in minimum lots of Rs. 100 million.
- The collected deposit will not count toward the Cash Reserve Ratio but may count toward the Statutory Liquidity Ratio.
