KATHMANDU, June 30: The Nepal Rastra Bank (NRB) has issued a Rs35 billion one-year bond as part of its liquidity management measures.
The central bank said the bond, titled "Nepal Rastra Bank Bond 2084 A," has a maturity period of one year.
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Banks and financial institutions can submit bids for the bond through an auction process until 2:00 pm on Tuesday, according to the NRB.
Interest on the bond will be paid on a semi-annual basis, the central bank said.
The minimum bid amount has been set at Rs50 million, while higher bids must be submitted in multiples of Rs50 million, up to the total issue size of Rs35 billion.
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