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<img alt="Nepal Rastra Bank" src="/userfiles/images/rr.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 205px;" />Banking and financial institutions (BFIs) bid for securities worth Rs 21.85 billion for the fourth round of reverse repo held by Nepal Rastra Bank (NRB) last Wednesday. According to the NRB, it has received sealed quotations from 21 BFIs amounting to Rs 21.85 billion for a reverse repo issued by the NRB worth Rs 10 billion. </div>
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Nepal Rastra Bank (NRB) issued a reverse repo last Wednesday for the fourth time in a three-week period. The NRB has issued the reverse repo worth Rs 10 billion this time in a bid to absorb excess liquidity from the financial system. Earlier on September 4 and September 10, the NRB had held a seven-day reverse repo worth Rs 5 billion and Rs 10 billion, respectively. The first reverse repo was held at 0.08 per cent weighted average discount rate. The second was held at 0.06 per cent. </div>
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Nepal Rastra Bank (NRB) issued a reverse repo last Wednesday for the fourth time in a three-week period. The NRB has issued the reverse repo worth Rs 10 billion this time in a bid to absorb excess liquidity from the financial system. Earlier on September 4 and September 10, the NRB had held a seven-day reverse repo worth Rs 5 billion and Rs 10 billion, respectively. The first reverse repo was held at 0.08 per cent weighted average discount rate. The second was held at 0.06 per cent. </div>
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Banking and financial institutions (BFIs) bid for securities worth Rs 21.85 billion for the fourth round of reverse repo held by Nepal Rastra Bank (NRB) last Wednesday. According to the NRB, it has received sealed quotations from 21 BFIs amounting to Rs 21.85 billion for a reverse repo issued by the NRB worth Rs 10 billion.
Nepal Rastra Bank (NRB) issued a reverse repo last Wednesday for the fourth time in a three-week period. The NRB has issued the reverse repo worth Rs 10 billion this time in a bid to absorb excess liquidity from the financial system. Earlier on September 4 and September 10, the NRB had held a seven-day reverse repo worth Rs 5 billion and Rs 10 billion, respectively. The first reverse repo was held at 0.08 per cent weighted average discount rate. The second was held at 0.06 per cent.
Likewise, the NRB had also conducted an outright purchase auction for securities worth Rs 8.5 billion on September 20 at 0.04 per cent weighted average discount rate. Over bidding for the reverse repo is seen to indicate excess liquidity and lack of investment opportunities.
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<img alt="Nepal Rastra Bank" src="/userfiles/images/rr.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 205px;" />Banking and financial institutions (BFIs) bid for securities worth Rs 21.85 billion for the fourth round of reverse repo held by Nepal Rastra Bank (NRB) last Wednesday. According to the NRB, it has received sealed quotations from 21 BFIs amounting to Rs 21.85 billion for a reverse repo issued by the NRB worth Rs 10 billion. </div>
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Nepal Rastra Bank (NRB) issued a reverse repo last Wednesday for the fourth time in a three-week period. The NRB has issued the reverse repo worth Rs 10 billion this time in a bid to absorb excess liquidity from the financial system. Earlier on September 4 and September 10, the NRB had held a seven-day reverse repo worth Rs 5 billion and Rs 10 billion, respectively. The first reverse repo was held at 0.08 per cent weighted average discount rate. The second was held at 0.06 per cent. </div>
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Likewise, the NRB had also conducted an outright purchase auction for securities worth Rs 8.5 billion on September 20 at 0.04 per cent weighted average discount rate. Over bidding for the reverse repo is seen to indicate excess liquidity and lack of investment opportunities.</div>
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<img alt="Nepal Rastra Bank" src="/userfiles/images/rr.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 205px;" />Banking and financial institutions (BFIs) bid for securities worth Rs 21.85 billion for the fourth round of reverse repo held by Nepal Rastra Bank (NRB) last Wednesday. According to the NRB, it has received sealed quotations from 21 BFIs amounting to Rs 21.85 billion for a reverse repo issued by the NRB worth Rs 10 billion. </div>
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Nepal Rastra Bank (NRB) issued a reverse repo last Wednesday for the fourth time in a three-week period. The NRB has issued the reverse repo worth Rs 10 billion this time in a bid to absorb excess liquidity from the financial system. Earlier on September 4 and September 10, the NRB had held a seven-day reverse repo worth Rs 5 billion and Rs 10 billion, respectively. The first reverse repo was held at 0.08 per cent weighted average discount rate. The second was held at 0.06 per cent. </div>
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Likewise, the NRB had also conducted an outright purchase auction for securities worth Rs 8.5 billion on September 20 at 0.04 per cent weighted average discount rate. Over bidding for the reverse repo is seen to indicate excess liquidity and lack of investment opportunities.</div>
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