Nepal Rastra Bank has published a notice to hold a one-year bond auction called 'Runapatra 2083 A' at 2 pm today.
The Nepal Rastra Bank is going to withdraw 25 billion rupees from the market for one year as liquidity in the market continues to decline. The Nepal Rastra Bank is going to withdraw 25 billion rupees from the market today (Monday) through 'Nepal Rastra Bank Debentures'.
For this, a notice has been issued for bidding on the Nepal Rastra Bank Bonds for a period of 1 year, setting the characteristics and conditions.
The notice states that the bond, named ‘Nepal Rastra Bank Bond 2083 ‘A’’, will be bid on the bond at 2:00 PM on Poush 14 (today), 2082.
The interest rate of the bond will be determined through bidding and interest will be paid in 6/6 months. The principal of the bond will be paid after one year on Poush 14, 2083.
Investors can bid on the bond by dividing it by a minimum of 50 million and a maximum of 50 million rupees, leaving the remainder.
This bond can be used as collateral to obtain loans in banks and other banks and financial institutions. Only banks and financial institutions (counterparties) of ‘A’, ‘B’ and ‘C’ categories that have been granted permission by the Nepal Rastra Bank can purchase the bond
