Treasury Bill Alert: Government Seeks NPR 14 Billion from Short Term Treasury Bills
Summary
The Public Debt Management Office will issue NPR 14 billion in short-term treasury bills, including NPR 9 billion in 182-day bills and NPR 5 billion in 364-day bills. Bidding opens on Kartik 16, with part of the offering reserved for non-competitive bidders.
Key Points
- The Internal Debt Branch of the Public Debt Management Office is set to issue NPR 14 billion in short-term government debt instruments.
- The offering includes NPR 9 billion in 182-day Treasury bills and NPR 5 billion in 364-day Treasury bills.
- NPR 9 billion is for renewing existing debt, while NPR 5 billion is new borrowing.
- Eligible bidders must deposit 2.5 percent of their bid amount before the deadline, and 15 percent of the issue is reserved for non-competitive bidders.
