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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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November 3: Nepal Rastra Bank (NRB) is preparing to auction development bonds with maturity period of one decade as per its schedule to raise internal loans in the current fiscal year.
The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.
NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.
The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.
The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.
Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.
NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.
The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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'summary' => 'November 3: Nepal Rastra Bank (NRB) is preparing to auction development bonds with maturity period of one decade as per its schedule to raise internal loans in the current fiscal year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">November 3: Nepal Rastra Bank (NRB) is preparing to auction development bonds with maturity period of one decade as per its schedule to raise internal loans in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank is all set to sell development bonds worth Rs 20 billion on November 4. The development bonds will have a maturity period of ten years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB decided to issue the bonds to assist the government’s target of raising internal loans of Rs 225 billion in the current fiscal year.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The National Debt Management Department of NRB will be issuing the Development Bond 2087 ‘D’ on behalf of the government.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The interest rate of the development bond will be decided through bidding process. The development bonds, which will be issued in an auction, can be used as collateral to receive loan.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Non-banking institutes as well as finance companies, insurance companies, formal sector organisations and Nepali citizens can purchase the development bond.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">NRB Spokesperson Dr Gunakar Bhatta expects banks and financial institutes to purchase most of the development bonds this time due to Covid-19 crisis.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The central bank had issued Treasury Bills worth Rs 1.66 billion on October 3 to raise internal loan.</span></span></span></p>
<p> </p>
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