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Central Bank Auctioning off Treasury Bills worth Rs 6.1 Billion   

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Central Bank Auctioning off Treasury Bills worth Rs 6.1 Billion   
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November 8: The Nepal Rastra Bank (NRB) is auctioning off treasury bills worth Rs 6.1 billion. Among them, the 91-day treasury bills worth Rs 100 million will mature on February 8 and 182-day treasury bills worth Rs 6 billion on 10 May, 2022.    
The NRB issues treasury bills to mobilise short term loans for the government.    
The online auctioning will open today at 2 pm (November 8), according to the NRB. Financial institutions categorised as Group 'A', 'B' and 'C' by the central bank, other financial institutions, non-banks and financial institutions can participate in the bidding.    
The central bank will issue the bills to the highest bidders on Tuesday (November 9). Earlier, the central bank had auctioned treasury bills worth Rs 1.66 billion on November 1. -- RSS   
 

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