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While the government is not able to collect capital expenditure and revenue according to the target, it is raising internal debt rapidly. When banks and financial institutions have sufficient liquidity and interest rates are low, the cost of loans will be low (cheap), so the government is raising internal loans with great fanfare.
At the same time, the Public Debt Management Office has called for information on Wednesday to collect 10 billion rupees of domestic debt through development bonds. According to which the bonds will be sold tomorrow (Thursday).
The maturity period of the bond named 'Vikas Debentra 2086' is 6 years . The interest rate of the bond will be determined by negotiation. Bonds can be purchased by banks and financial institutions, non-bank financial institutions, insurance companies, organized organizations and Nepali citizens.
If you can borrow from banks and financial institutions and the National Bank by pledging this bond, the interest on the bond will be paid semi-annually . It is mentioned in the notice of the Rashtra Bank that investments can be made in the number that leaves the remainder when divided by 50 thousand without increasing the limit of the total amount issued in the bond.
