NRB to Issue Development Bonds worth Rs 8 Bn

Jan 31, 2023 12:10 PM Merolagani



Nepal Rastra Bank (NRB) is issuing development bonds amounting to Rs 8 billion.

The development bond 2085 'I' with a maturity period of 5 years is being issued by Public Debt Management Department, NRB to accumulate internal loan for development works of the government.

According to the NRB, interested BFIs, non-banking financial institutions, insurance companies, organized institutions and Nepali citizens can apply for the development bonds.

The interested parties can participate in both competitive and non-competitive auction. The central bank has allocated 85 percent of issued development bonds for competitive and 15 percent for non-competitive auction.

The bidders can bid for a minimum of 50,000 and maximum of all amounts divisible by 50,000 by January 31, 3:00 PM.

The interest rate of the bond will be fixed on the basis of bidding while the interest will be paid semiannually. The bond is tradable in the secondary market and can be kept as collateral in BFIs.




Bikas Hydropower Allots IPO

Jul 13, 2025 12:03 PM

Bikas Hydropower has allotted recently issued initial public offering on July 13 in the premises of Prabhu Capital, issue manager of the company.

Gold Price Declines; Silver Gains

Jul 11, 2025 11:17 AM

Gold and Silver Price Increase

Jul 13, 2025 11:03 AM