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Home Prime News

Central bank to auction Rs 29.1 billion worth of treasury bills

CEO Tab by CEO Tab
May 28, 2023
in Prime News
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Kathmandu valley's inflation increases by 7.60 percent in five months: NRB
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The central bank, Nepal Rastra Bank (NRB) will auction treasury bills worth Rs 29.1 billion on Sunday.

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The maturity period of the bills is between 28 to 364 days. The purpose of auctioning treasury bills is to collect internal loans, it has been said.

Short-term interest rate for the bills is 7.91 percent, according to the central bank. Similarly, the 364-day treasury bills charge 8.80 percent interest rate, and interbank interest rate is 7 percent.

Earlier on May 22, the NRB auctioned treasury bills worth Rs 34.2 billion.

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Manish Raj Poudel
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