24 billion 70 crore rupees domestic debt is being raised through the treasury bill
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The government is going to raise domestic debt of 24 billion 70 crore rupees through the treasury bill. Public Debt Management Office has called for this. The office has called for resale of treasury bills that have expired.
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According to which, 28 days of 5 billion rupees, 91 days of 7 billion 70 crore rupees, 182 days of 5 billion and 364 days of treasury bills equal to 7 billion rupees have been requested. For the treasury bill, the office has requested to speak on Monday (May 3rd) till 3 pm. Treasury bills will be issued (distributed) on Tuesday (May 24).
The weighted average interest rate has been fixed at 3.26 percent in the last talk. Banks and financial institutions quoted the highest interest rate of 3.4 percent and the lowest interest rate of 2.4 percent. Currently, the government is re-selling treasury bills that have reached maturity out of the previously collected domestic debt. At the same time, the government has paid the money of some treasury bills and some have been resold.
Earlier, Rastra Bank was collecting the internal debt of the government, but since March 19, the Public Debt Management Office has been doing this work.
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