KATHMANDU: Nepal Rastra Bank (NRB) has issued a repurchase agreement (repo) worth Rs 20 billion on Thursday.
The repo will mature on September 22.
The bank is issuing the repo to prevent the shortage of liquidity in banks and financial institutions.
The Central Bank has been issuing repo continuously for the past few times to address the liquidity crunch problem in the banking system.
According to NRB, ‘A’, ‘B’ and ‘C’ class banks and financial institutions would buy the repo through bidding.