NRB to mop Rs 50 billion from BFIs for liquidity management
Summary
Nepal Rastra Bank plans to raise Rs 50 billion through a 25-day term auction for liquidity management, with repayment due on September 27.
Key Points
- Nepal Rastra Bank (NRB) plans to raise Rs 50 billion from banks and financial institutions for liquidity management.
- The amount will be collected through bidding for a 25-day term.
- The auction is scheduled to be held online on Wednesday at 3 pm.
- NRB will repay the principal and interest on September 27.
