KATHMANDU: Nepal Rastra Bank (NRB) has invited bids for government bonds worth Rs 25 billion.
Issuing a public notice on Tuesday, the central bank said bonds of 2027 will be auctioned through an online bidding system.
Only licensed banks and financial institutions classified as ‘A’, ‘B’ and ‘C’ categories by NRB, which are recognised as counterparties, are eligible to participate in the auction.
The participating institutions must specify the amount they want to bid for along with the interest rate, which should be mentioned up to four decimal places.
According to NRB, bidders can submit applications starting from a minimum amount of Rs 50 million. The maximum bid amount should be equal to the total called amount or an amount exactly divisible by Rs 50 million.
The central bank said the bond auction is part of its regular monetary management process.
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