The central bank is issuing “NRB Bond 2083 ‘Nga’”. The bond is applicable by A, B and C category banks and financial institutions (BFIs).
NRB will auction the bond by 2 pm today through online. Interest rate of the bond will be decided through auction bid.
The bond will mature in one year period. Interest will be paid semiannually.
Interested bidders can bid for a minimum of Rs 50 million and maximum of all amount divisible by Rs 50 million.
