Saturday, 17 May, 2025
Kathmandu, Nov. 2: Nepal Rastra Bank (NRB) is issuing the ‘Development Bond 2087 Gha’ worth Rs 20 billion on November 4. The central bank is working to issue the bond through a competitive process on behalf of the Government of Nepal.
Issuing a press statement Monday, the central bank said that the interest rate would also be determined through competitive bidding process.
Bank and financial institutions, insurance companies, organized institutions and Nepali citizens can apply for the development bond.
Based on the development bond, its holders can receive and grant loan by keeping it as collateral and the interest imbursement would be made bi-annually.
The interested firms and individuals can buy minimum Rs 50,000 while maximum bonds should be up to the total number of the bonds, which is divisible by 50,000
Do not make expressions casting dout on election: EC
14 Apr, 2022
CM Bhatta says may New Year 2079 BS inspire positive thinking
14 Apr, 2022
Three new cases, 44 recoveries in 24 hours
14 Apr, 2022
689 climbers of 84 teams so far acquire permits for climbing various peaks this spring season
14 Apr, 2022
How the rising cost of living crisis is impacting Nepal
14 Apr, 2022
US military confirms an interstellar meteor collided with Earth
14 Apr, 2022
Valneva Covid vaccine approved for use in UK
14 Apr, 2022
Chair Prachanda highlights need of unity among Maoist, Communist forces
14 Apr, 2022
Ranbir Kapoor and Alia Bhatt: Bollywood toasts star couple on wedding
14 Apr, 2022
President Bhandari confers decorations (Photo Feature)
14 Apr, 2022
