Saturday, 18 January, 2025
By A Staff Reporter
Kathmandu, Dec. 14: Nepal Rastra Bank (NRB) is issuing treasury bills worth Rs. 6 billion on Monday. The Public Debt Management Department under the central bank is to issue bills in order to obtain internal debt on behalf of the government.
The NRB is to sell 91 days’ treasury bills worth Rs. 4 billion and 364 days’ treasury bills worth Rs. 2 billion through an auction, according to the Treasury Bill Auction notice of the bank.
The bank called interested parties to submit their sealed auction trading application by 2 pm Monday.
The bidders should bid through Online Bidding System (OBS) only. Allocated amount will be settled through NRB Bank Account, it said. The bank said that the treasury bills will be allocated on December 15 (Tuesday).
“Discount earning is taxable. Out of total offered amount, 15 per cent is reserved for non-competitive bidders,” the notice said. Earlier, the NRB had issued treasury bills worth Rs. 27.26 billion.
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